Meet Eddie, a 15-year-old sea otter at the Oregon Zoo. At 15 he's considered a geriatric in otter years, but he isn't letting his age - and his arthritis - get in the way of having lots of fun, as you can easily see from watching him shoot hoops in his aquatic basketball court.
The chained CPI - a proposal to change the way the cost-of-living adjustment (COLA) is calculated for Social Security and veterans benefits - can be as confusing as its name. And with it comes a number of daunting statistics:
Wondering about President Obama's position on slowing growth in Social Security benefits? It was made very clear during today's White House press briefing.
David Certner, AARP legislative policy director, and Andrew G. Biggs, a resident scholar at the American Enterprise Institute for Public Policy Research, are both against a proposed change in the formula that's used to calculate Social Security cost-of-living adjustments. That Certner and Biggs would find common ground is surprising, considering how often AARP and the AEI, a Washington, D.C., think tank, are at odds on policy issues.
What better time to reflect on how far Medicare has come from its origins nearly 50 years ago to its position front and center in debates over how to bring the federal deficit under control?
A lot is being made of President Obama's shout out to older Americans, and to the programs that so many depend on, in his inaugural address. Here's the 190-word passage:
Maybe 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?
Picture this: It's the new year and Congress and the White House still don't have a budget deal. Don't look now, but we've gone over the " fiscal cliff."
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