fiscal cliff

Does the Fiscal Cliff Deal Pass Your Muster?

Posted on 01/12/2013 by | Washington Watch | Comments

Bulletin Today | PoliticsPresident Barack Obama came out of the fiscal cliff battles with the public relations victory, but it’s a bit like winning the blue ribbon at the county fair with a pig so stinky no one even wants to look at it. The latest national survey by the Pew Research Center for the People & the Press, conducted Jan. 3–6 among 1,003 adults, finds that 48 percent approve of Obama’s handling of the year-end negotiations, while only 19 percent approve of …

AARPLive is Back!

Posted on 01/10/2013 by | AARP Blog Author | Comments

EntertainmentIt’s a new year and a brand new season of AARP LiVE on RFD-TV. Don’t miss the next edition coming up Thursday, January 17th at 9pm CT, 10pm ET. You’ll get expert advice on how to save money on utilities, find out where you can go to get help with filing your taxes, and learn the warning signs that an older loved one may need help. Joining RFD-TV host Mark Oppold on-set are AARP State Directors Sarah Jennings(SD) Sean Voskuhl(OK), …

Does Washington Have Anywhere to Go But Up?

Posted on 01/4/2013 by | Washington Watch | Comments

Bulletin Today | PoliticsCould things in Washington actually get dire enough to force politicians to work together? Capitol Hill veteran G. William Hoagland thinks so. When I talked with him for the AARP Bulletin, he made the case that with so many crucial deadlines coming up, lawmakers will need to find a new/old way of doing business — namely, putting their partisan differences aside and working together to get things done. Hoagland, a senior vice president of the Bipartisan Policy Center, sees a …

Don’t Be Fooled: Social Security Not to Blame for Budget Woes

Posted on 01/3/2013 by | Social Security | Comments

PoliticsThe immediate frenzy over the fiscal cliff may have subsided, but the drama is far from over: Next on the agenda is a debate over spending cuts — a debate that promises to be as rancorous as the one we’ve just seen. Already, budget-cutters are taking aim at Social Security. Yes, the way to calculate cost-of-living adjustments — the chained CPI, unfriendly in name and in its impact on retirees — is already back in the picture (see related video). But …

Fiscal Cliff Deal: What It Means for You

Posted on 01/2/2013 by | News | Comments

Bulletin Today | PoliticsMaybe you were too busy ushering in the new year to master the fine points of the deal that averted the “fiscal cliff.” Now you’re wondering, what does it all mean for me? We’re glad you asked. What will happen to my paycheck? Let’s start with income tax. Rates will stay the same for 99 percent of workers. If you earn $400,000 or more ($450,000 or more for couples), Uncle Sam will begin taking a bigger bite — at 2001 …

Fiscal Cliff: A Foothill to More Cliffs?

Posted on 01/2/2013 by | Washington Watch | Comments

Bulletin Today | PoliticsIt’s not actually over. Sure, the “fiscal cliff” came and went without any changes in Social Security’s cost-of-living adjustment formula, Medicare’s retirement age or other major aspects of those programs. But the 13th-hour deal reached by the White House and Congress is only the first round of budget deals. The legislation lets all but the very wealthy keep the income tax breaks passed under President Bush. But it only delays for two months the spending cuts that were supposed to …