The $940 billion health-care overhaul will take nearly a decade to roll out in full. A look at the key parts of the bill and when they go into effect.
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Today the New York Times had a shocking story: this year the Social Security Trust Fund will pay more out in benefits than it takes in in revenue. There are several reasons this is an important story. First, it is important because it reminds us that our country is on the edge of a fiscal precipice. The baby boomers will begin retiring next year. Indeed, with the recession some have started to retire early. As the story notes, “payments have risen more than expected during the downturn, because jobs disappeared and people applied for benefits sooner than they had planned.” Posted on March 27th, 2010 | Category: Economy/Budget |
 Leave a comment A bipartisan Senate deal to briefly extend a package of expiring provisions fell apart Thursday night, endangering unemployment aid set to expire April 5. Senate leaders from both parties had neared a deal to allow swift passage of a package providing benefits for another week that would be fully paid for, according to Senate sources from both parties. The compromise was needed because Sen. Tom Coburn (R-Okla.) blocked Senate Democrats from quickly passing a month-long extension. Coburn objected because its cost, $9.2 billion, wasn’t offset and would increase the $12.7 trillion national debt. Posted on March 27th, 2010 | Category: U.S. Politics |
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Latest on Tue, 11:41 am : My wife & I will join the Lindale charter in Shreveport on the 25th. : anyone going to DC for the Glenn Beck Restoring Honor Rally? : ritwingr: As far as I know, you weren't ever able to post your own articles. If you're talking about more than just commenting on existing articles, I'd have to give your account more permissions. And even then, we'd have to review what you post before [...] |
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