Rep. Paul Ryan (R-Wis.) released his proposed 2013 budget yesterday and before the ink was dry, the left was attacking it like vultures on a carcass. Ryan was being portrayed as the bogeyman of seniors’ concerns about Medicare. As part of his effort to control an out-of-control bureaucracy, his plan includes: Increasing the Medicare eligibility [...]
A new survey from the Employee Benefits Research Institute and reported in the Wall Street Journal found that 0.2 percent of 401(k) participants have reached $1 million in savings in their 401(k) plans. They keys to this success? Consistent saving over at least 20 years and contributing high amounts – if possible, the maximum annual amount allowed [...]
If Black Friday was last week, “gray Friday” is today. The news is that unemployment dropped to 8.6 percent in November, from 9 percent the month before. Sounds promising. What happened? Could it reflect the gainful seasonal employment of department store Santas? Not exactly. While 120,000 jobs were added last month, 315,000 people gave up [...]
Let’s hear it for a little math and a lot of common sense. The Community Living Assistance Support and Stability Act (CLASS) program, part of the health care reform law that would essentially create a government-run long term care insurance program, has gone kaput before it even got started. A news article title calls it [...]
As if the Democrats' proposed health care bill is not enough to send a person to the urgent care clinic, there is a lesser-known move that has garnered attention among those concerned about the growing entitlement burden: the House voted this week to approve a package which would eliminate the "Medicare trigger."