Former President Bill Clinton had it right when he said “it’s the economy, stupid.” And as our economic woes have increased so have Americans’ pessimism about where the country is going.
Both the Republican and Democratic leaders of the Senate are throwing their weight behind a debt-limit agreement sealed with President Barack Obama and top leaders of Congress.
New technology is helping hospitals get information about their patients without a single piece of paper.
The standoff on Capitol Hill over deficit reduction and raising the debt ceiling shows no signs of breaking.
Republican Rep. Peter King of Long Island says if President Barack Obama and House Speaker John Boehner don’t come back together to get a deal to raise the debt ceiling, then, in his words the House will reach its own agreement with the Senate.
Tri-State Residents, Politicians Weigh In On Possible Social Security, Medicare Changes As Part Of Debt Talks
Congressman Peter King said that nothing should be done to affect people already collecting benefits, but argues programs like Social Security and Medicare are unsustainable over the long term.
Veterans of all ages lined up in Brentwood, Long Island on Friday morning to get some much-needed assistance.
Conservatives love him. Liberals despise him. On Wednesday New Jersey Gov. Chris Christie was shooting from the hip on a topic no politician will touch — Social Security, and whether to raise the retirement age.
The tax package signed by President Obama in December includes a two-percent cut in payroll taxes. This reduction means the average American will get an extra $1,000 in take-home pay in 2011.
Under the compromise proposal cutting back Social Security payroll taxes, workers would pay a 4.2 percent tax rate instead of 6.2 percent – a $120 billion tax cut for workers, starting on Jan. 1.
The President announced a bipartisan agreement on year-end legislation to extend expiring tax cuts and renew jobless benefits as part of a sweeping attempt to strengthen the economic recovery.
To make up for the lack of a cost of living adjustment, members of Congress are pushing for a one-time payment of $250 for seniors.
The federal government has all but ruled out a cost of living adjustment for the coming year. It’s the second year in a row benefits have remained frozen at their current level.
It’s one of the most striking fallouts from our nation’s bad economy: Social Security is facing a rare shortfall this year as a wave of people is opting to collect payments before their full retirement age.
A Long Island historical society volunteer has succeeded in convincing Social Security officials she’s not ready for a place in the history books.