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Obama proposes longer spending freeze

President Barack Obama will propose that Congress adopt a 5-year freeze on non-security discretionary spending, extending a previous call for a 3-year freeze, senior administration officials said, according to reports.

Parties go opposite ways on Ryan's roadmap

Speculation is simmering as to what, precisely, President Obama will say in tonight’s State of the Union address. The White House has been speaking in general terms about the speech, resulting in opinions flying about what, if anything, he may actually propose.
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Brazil's Rousseff plans payroll tax cuts - report

Brazil's President Dilma Rousseff plans a series of payroll tax cuts in coming years in a bid to promote formal hiring at domestic companies, Folha de S. Paulo newspaper reported on Friday, giving no details of its sources.
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U.S. President Barack Obama, flanked between former White House Chief of Staff Erskine Bowles (L) and former Republican Senate Whip Alan Simpson (R).

Debt reduction plan filled with tough choices

Former Sen. Alan Simpson, R-WY, has a reputation of being frank to the point of being blunt. He did not disappoint today, when expressing what he called the main message from the National Commission on Fiscal Responsibility and Reform.
U.S. President Barack Obama speaks with former Republican Senate Whip Alan Simpson

Debt commission's proposal gets varied reception

Not unexpectedly, the preliminary proposal of President’s Obama’s bipartisan Commission on Fiscal Responsibility and Reform has met with mixed reviews, from “unacceptable” to “most encouraging.”
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Targeting seniors, Obama touts Medicare report

President Barack Obama reached out on Saturday to retired Americans, an important group of voters, touting a report that showed healthcare reform had brightened prospects for the Medicare hospital trust fund.
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Jobless rate to stay high: former Fed No. 2

The United States will suffer high unemployment for some time as it slowly recovers from the deep recession that ended in 2009, a former second in command at the Federal Reserve said on Wednesday.
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Greek pension bill passes preliminary vote test

Greek lawmakers agreed in principle on an overhaul of the country's ailing pension system in a preliminary vote on Wednesday, in a sign that a reform key to restoring the country's ailing finances is likely to pass.
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Hungary govt mulls bank tax, pension change-website

Hungary's government is considering the introduction of a special tax on banks and channelling private pension funds to the state system among options as it drafts its economic action plan, online news portal Index reported on Monday.
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Most Americans: Tax the rich but not me

Most Americans believe tax hikes are OK if you're making more than $250,000, a policy proposed by President Barack Obama, but hands off Medicare and Social Security, a poll released on Monday found.
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Senate rejects $250 checks for elderly

A measure to give some 57 million elderly people, veterans and persons with disabilities a $250 check was rejected by the Senate on Wednesday, a setback for the powerful seniors' lobby.
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Obama to seek three-year freeze on domestic spending

President Barack Obama, under pressure from deficit hawks, will seek a three-year freeze on domestic spending in his 2011 budget that would save $250 billion by 2020, administration officials said on Monday.
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Jobless claims unexpectedly rose last week

The number of workers filing new applications for jobless insurance unexpectedly rose last week, bumped up by seasonal adjustments, according to government data on Thursday that still suggested the labor market was improving.
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Americans may live longer and cost more: study

Americans may live significantly longer in the future than current U.S. government projections, and that could mean sharply higher costs than anticipated for Medicare and other programs, researchers reported on Monday.
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Poor health puts older workers off staying: study

Working conditions must be improved for older people if governments and companies are to persuade them to continue contributing to economic growth into their old age, according to Swedish and British scientists.
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Obama unveils measures to spur retirement saving

U.S. President Barack Obama announced new measures on Saturday to encourage Americans to save more money for retirement, a move the White House said would put the economy on a stronger footing in the future.
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SCENARIOS: Impact of U.S. budget reports

The White House and the Congressional Budget Office released new estimates on Tuesday of the scope of federal budget deficits and the health of the U.S. economy.
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Health Care Reform Bill - Full Text here

Below is the full text of the Health Care Reform Bill HR 320. Section 1233 of the Health Care Reform Bill HR 3200 is over 1,000 pages long and was crafted by House Democrats. The bill shows it would take the better part of a decade — from 2010-2018 — to get all the components of the far-reaching proposal up and running.

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