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    Dec 14, 2012 |Story| Los Angeles Times
  1. Medicare: Is 67 the new 65?

    Looking for ways to slow the growth of entitlement programs, budget negotiators in Washington are considering making seniors wait two years longer to qualify for Medicare — from age 65 to 67. Many Republicans have endorsed the idea, noting that Medicare beneficiaries now live far longer on average than they did when Congress created the program in 1965. The problem with the proposal is that it wouldn't save the federal government much money overall, even though it might cut Medicare's costs. Worse, it would probably cause total spending on healthcare to go up faster, which is the opposite of what Washington should be trying to achieve.
    Looking for ways to slow the growth of entitlement programs, budget negotiators in Washington are considering making seniors wait two years longer to qualify for Medicare — from age 65 to 67. Many Republicans have endorsed the idea, noting that...

    Tags: Health Insurance Cost, Laws, Poverty, Crime, Law and Justice, Career and Workplace

  2. Dec 1, 2012 |Story| Los Angeles Times
  3. GOP suggests Medicare, Social Security cuts for 'fiscal cliff' deal

    WASHINGTON -- The Senate’s top Republican suggested specific cuts to popular safety-net entitlement programs – Medicare and Social Security – as the kind of proposals his party wants on the table in talks with the White House over the year-end budget crisis.
    WASHINGTON -- The Senate’s top Republican suggested specific cuts to popular safety-net entitlement programs – Medicare and Social Security – as the kind of proposals his party wants on the table in talks with the White House over the...

    Tags: U.S. Senate, Parties and Movements, John Boehner, White House, Public Finance

  4. Dec 21, 2012 |Story| Los Angeles Times
  5. Letters: Fairness for fixed-income seniors

    Re "Calculating the cost of living," Editorial, Dec. 19 The editorial about the proposal to change to a "chained-CPI" for calculating cost-of-living increases for Social Security entirely misses the problem with using this type of calculation. It...

    Tags: Economy, Business and Finance, Prescription Drugs, Market and Exchange, Drugs and Medicines

  6. Nov 30, 2012 |Story| Los Angeles Times
  7. Businesses hitting the brakes ahead of the 'fiscal cliff'

    The government's economic reports should come with the same disclaimer that Wall Street prospectuses do: Past performance doesn't necessarily predict future results. Nevertheless, there's cause for pessimism about 2013 in Thursday's Commerce Department <a href="http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm">report</a> on U.S. economic growth from July through September.
    The government's economic reports should come with the same disclaimer that Wall Street prospectuses do: Past performance doesn't necessarily predict future results. Nevertheless, there's cause for pessimism about 2013 in Thursday's Commerce Department...

    Tags: Fiscal Cliff, John Boehner, Barack Obama, Business, Productivity

  8. Jan 6, 2013 |Story| Los Angeles Times
  9. Letters: Using Medicare but backing the GOP

    Re "Politics of age skew spending debates," News Analysis, Jan. 3 Surprise! Mitt Romney probably drew much support from his infamous 47%. As the Times reported, 56% of the over-65 demographic voted for Romney. Why would a group dependent on Social...

    Tags: Voting, Parties and Movements, Elections, Mitt Romney, Republican Party

  10. Nov 27, 2012 |Story| Los Angeles Times
  11. Top Democrat urges progressives to deal on 'fiscal cliff'

    WASHINGTON&nbsp;&ndash; A top Democrat pressured fellow progressives Tuesday to support &ndash; rather than fight &ndash; a far-reaching budget deal that includes cuts to entitlement programs after resolving &nbsp;the upcoming fiscal cliff.
    This post has been updated and corrected, as indicated below.
    WASHINGTON – A top Democrat pressured fellow progressives Tuesday to support – rather than fight – a far-reaching budget deal that includes cuts to entitlement programs after resolving  the upcoming fiscal cliff. “We can't be...

    Tags: U.S. Senate, White House, Public Finance, Culture, Republican Party

  12. Nov 26, 2012 |Story| Los Angeles Times
  13. Officials probe how secret confetti rained on Macy's parade

    When Thanksgiving Day parade-goers in Manhattan looked into the confetti-filled sky last week, they may have seen more than they bargained for.
    When Thanksgiving Day parade-goers in Manhattan looked into the confetti-filled sky last week, they may have seen more than they bargained for. Nassau County police announced that they are investigating how some of their confidential records including...

    Tags: Thanksgiving, Mitt Romney, Personal Data Collection, Interior Policy, Holidays

  14. Jan 15, 2013 |Story| Los Angeles Times
  15. Fitch warns that debt-limit delay could hurt U.S. credit rating

    WASHINGTON &mdash; A failure by Congress to raise the debt limit "in a timely manner" could lead to a downgrade of the nation's AAA credit rating, Fitch Ratings said Tuesday.
    WASHINGTON — A failure by Congress to raise the debt limit "in a timely manner" could lead to a downgrade of the nation's AAA credit rating, Fitch Ratings said Tuesday. Republicans want major government spending cuts in exchange for a debt-limit...

    Tags: Minor League Baseball, Ben Bernanke, Moody's Corporation, Public Finance, Automotive Equipment

  16. Dec 11, 2012 | Los Angeles Times
  17. Protesters pressure Villaraigosa to step down from Fix the Debt group

    L.A. NOW
    Protesters came to City Hall to present Los Angeles Mayor Antonio Villaraigosa with a petition demanding he step down from the Fix the Debt campaign, a day after the mayor distanced himself from the group's push for large scale cuts to Social Security and...
  18. Nov 21, 2012 |Column| Los Angeles Times
  19. Avoiding the 'fiscal cliff' but falling anyway

    It would be bad enough if the purveyors of economic and fiscal misdirection had done no more than describe a certain event looming at the end of this year as the "fiscal cliff."
    It would be bad enough if the purveyors of economic and fiscal misdirection had done no more than describe a certain event looming at the end of this year as the "fiscal cliff." The imagery evokes an elemental crisis that can be avoided only by the...

    Tags: White House, Public Finance, Budgets and Budgeting, Productivity, CNBC (tv network)

  20. Dec 6, 2012 | Los Angeles Times
  21. Villaraigosa urges 'fiscal cliff' solution, defends Fix the Debt

    L.A. NOW
    L.A. Mayor Antonio Villaraigosa called for a bipartisan deal to avoid the automatic budget cuts and tax hikes that threaten to push the U.S. economy off a so-called "fiscal cliff." During an appearance on CNN Thursday morning, the mayor also defended...
  22. Dec 5, 2012 | Los Angeles Times
  23. Villaraigosa defends association with Fix the Debt campaign

    L.A. NOW
    Los Angeles Mayor Antonio Villaraigosa defended his decision to join the Fix the Debt campaign, a national bipartisan lobbying group, even as an online petition calling for him to quit the group surpassed 8,000 signatures. On Tuesday, Villaraigosa...
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