middle class

AARP Will Work With President, Congress for Secure Future

Posted on 01/29/2014 by | AARP CEO | Comments

PoliticsThe president’s speech tonight addressed issues AARP has been working on since long before President Lyndon Johnson’s war on poverty began over 50 years ago. Social Security and Medicare have helped make a difference by protecting the middle class and keeping millions out of poverty, but many families and Americans of all ages continue to struggle. As we look toward this season of new budget proposals, we also urge the president and Congress to fight for responsible solutions to strengthen …

President Pushes for New Pension Savings, Job Programs

Posted on 01/29/2014 by | Washington Watch | Comments

Bulletin Today | PoliticsIn his State of the Union address on Jan. 28, President Barack Obama proposed a new retirement savings plan, called for more efforts to create jobs and outlined other measures that could benefit older Americans. Acknowledging that Social Security often isn’t sufficient and that many workers don’t have pensions, Obama described plans for a new type of IRA, called MyRA, to be created by the Treasury Department. “It’s a new savings bond that encourages folks to build a nest egg,” …

The Fiscal Crisis of Families

Posted on 02/28/2013 by | Public Policy | Comments

Money & SavingsWashington and the news media have long been focused on a series of budget deadlines and fiscal dramas. But a different headline stood out for me the other day, as I read a story in the Washington Post: “Fiscal Trouble Ahead for Most Future Retirees.” The story provided dramatic support for recent findings of AARP’s Public Policy Institute that the security of middle class Americans is under attack from all sides. AARP’s Middle Class Security Project and the Post article …

Pressure Rising to Avoid Cuts in Health Programs

Posted on 02/20/2013 by | Health | Comments

Bulletin Today | PoliticsBy Mary Agnes Carey, Senior Correspondent, Kaiser Health News Pressure is mounting for Washington to find a way to avoid the automatic spending reductions set to begin March 1, with President Barack Obama Tuesday urging Congress to stop the “meat-cleaver approach” that he says will undermine U.S. military strength and “eviscerate job creating investments in education and energy and medical research.” But while both Democrats and Republicans say they don’t want the billions of dollars in cuts to kick in, there’s …

White House to GOP: Hands Off Medicaid

Posted on 02/5/2013 by | Washington Watch | Comments

Bulletin Today | PoliticsAs politicians squabble in the coming months over which federal programs to cut, Medicaid will be protected by a sort of favorite son status. “Other than the most minimal, smart, efficiency-type of measure, Medicaid savings — Medicaid cuts — for this president, for this administration, are not on the table,” said Gene Sperling, the director of the White House’s National Economic Council. Medicaid, the health care program for low-income Americans, will be expanded in 2014 under the provisions of President …

7 Reasons Your Retirement Might Be in Jeopardy

Posted on 01/15/2013 by | Washington Watch | Comments

Bulletin Today | PoliticsFeeling uneasy about ever getting the middle-class retirement you planned on? Trust your instincts. The nation’s middle class is taking a beating, according to new reports by the AARP Public Policy Institute. Just how bad is it? “The decline of the middle class threatens our ability to fund health and retirement programs, to maintain a safety net for the most vulnerable and to invest in our future,” says AARP CEO A. Barry Rand. Most Americans consider themselves “middle class,” so …