Obama

Will the Fiscal Crisis Ensnare Social Security and Medicare?

Posted on 10/9/2013 by |Washington Watch | Comments

Bulletin Today | PoliticsNot again. It looks as if cuts in Social Security and Medicare may soon be pulled into the budget battles now under way on Capitol Hill. In an op-ed piece in today’s Wall Street Journal titled “Here’s How We Can End This Stalemate,” House Budget Committee Chairman Paul Ryan (R-Wis.) describes changes in the two programs as “vital.” Sign up for the AARP Money Matters newsletter “Let’s negotiate an agreement to make modest reforms to entitlement programs and the tax code,” …

Stay Safe in the Health Insurance Marketplaces

Posted on 09/20/2013 by |AARP Executive Vice President | Comments

PoliticsThis week, the Obama administration announced a comprehensive, interagency initiative to fight fraud, prevent privacy violations, and protect consumers in the Health Insurance Marketplaces. AARP applauds this effort, and we encourage the administration to continue to take steps to protect and defend consumers from unscrupulous practices — especially people under the age of 65 who will soon be eligible to sign up for the marketplaces. Unfortunately, we know that there are scam artists who will try to take advantage of Americans as …

Miami Dolphins Get White House Ceremony — 40 Years Later

Posted on 08/21/2013 by |Washington Watch | Comments

Bulletin Today | PoliticsMaybe this is what President Obama needs to get his way with Congress — scads of football legends lined up behind him. These players were a bit past their peak bench-pressing days — and more than 4o years past their first of back-to-back Super Bowl wins — but still in possession of the record for an undefeated season and postseason. (They remain the only undefeated team in NFL history.) So why now honor the 1972 Miami Dolphins? Related: America’s Top …

Obama Touts Insurance Rebates and Lower Premiums in 2014

Posted on 07/18/2013 by |Health | Comments

Bulletin Today | PoliticsBy Phil Galewitz and Julie Appleby, Kaiser Health News Ratcheting up the campaign to sell the health law, President Barack Obama delivered a speech Thursday touting how millions of individuals are already benefiting from its insurance rebates, and others who buy coverage online in states such as California, New York and Oregon will pay lower-than-projected premiums next year because of increased competition. Discussion: 78 million consumers saved $3.4 billion on ACA health insurance “Consumers are getting a hint of how much money they’re …

Why the Chained CPI is Wrong for Social Security

Posted on 04/11/2013 by |AARP Blog Author | Comments

PoliticsYesterday, the President included Social Security cuts in his budget through a proposal called the “chained CPI”. Let’s take a minute and break down exactly what that means: The chained CPI would modify the way the cost-of-living-adjustment (COLA) for Social Security is calculated, cutting benefits by $127 billion dollars over the next 10 years alone. That comes out to over $2000 in lost benefits for the average senior. Some have tried to defend this unprecedented inclusion of Social Security benefit …

Illinoisans Detest President Obama’s Chained CPI Budget Proposal

Posted on 04/5/2013 by |All the news that matters for Illinoisans over 50. | Comments

PoliticsIf Chained CPI is included in the President’s budget proposal, as is being reported today, President Obama is laying out a clear marker that he is willing to cut Social Security and other benefits to balance the budget, which breaks a promise he made when he was elected to office.  On September 6, 2008, Senator Barack Obama told AARP members: “John McCain’s campaign has suggested that the best answer for the growing pressures on Social Security might be to cut cost of …