Help The Middle ClassNews and Information For The Heart Of America
Obama To O.K. Oil And Gas Drilling Off US Coast. The Dream Of George W. Bush Will Finally Come True (The Washington Post)
The Obama administration will approve significant oil and gas exploration off America’s coasts, including a possible sale two years from now of leases off the Virginia shore, administration officials said Wednesday.
The move, which President Obama will announce Wednesday morning with Interior Secretary Ken Salazar at Andrews Air Force Base, ends a long-standing moratorium on oil [...]
BIG QUESTION: Will The Middle Class Really Pay Less For Health Care? (USA Today)
President Obama’s restructuring of the nation’s health care system will make it easier for poor and sick Americans to get and keep insurance. What’s less clear is whether it will reduce health care costs for most Americans, as the White House says it will.
Medical costs are rising fast — up 5.7% last year, while the [...]
FDA Feeling The Heat To Fight Food Fraud (The Washington Post)
The expensive “sheep’s milk” cheese in a Manhattan market was really made from cow’s milk. And a jar of “Sturgeon caviar” was, in fact, Mississippi paddlefish.
Some honey makers dilute their honey with sugar beets or corn syrup, their competitors say, but still market it as 100 percent pure at a premium price.
And last year, a [...]
Car Dealers Are Cutting Deals For Drivers With Good Credit (Wall Street Journal)
Car dealers, auto finance companies and credit market analysts are seeing a decided spring thaw in the auto finance market—especially for drivers with good credit.
Today, “if you have a job, and there’s equity in the loan…that’s it,” says Ed Gorham, director of the finance department at Planet Honda, one of the biggest Honda dealers on [...]
15 Money Rules Your Children Should Know (The Wall Street Journal)
It’s a simple calculus, kids and money: From birth until college graduation, children consume dollars like they’re chicken nuggets.
For those of us who aren’t independently wealthy, that puts unrelenting pressure on the family pocketbook. The financial demands of raising a child require that money you otherwise might use to prepare for retirement, or to save [...]
Obama Signs Student Loan Reform Program (Huffington Post)
Finalizing two major pieces of his agenda, President Barack Obama on Tuesday sealed his health care overhaul and made the government the primary lender to students by cutting banks out of the process.
Both domestic priorities came in one bill, pushed through by Democrats in the House and Senate and signed into law by a beaming [...]
Health Care Overhaul: Answering Some Frequently Asked Questions (NPR)
The health-insurance overhaul package signed into law by President Obama is the most far-reaching health legislation since the creation of the Medicare and Medicaid programs.
The following is a look at the impact of the law, which will extend insurance coverage to 32 million additional Americans by 2019, but which will also have an effect on [...]
Staying Healthy Means An Active Sex Life Too! (The Washington Post)
Here’s another reason to try to stay healthy: It extends your sex life as you age, according to a new study.
Stacy Tessler Lindau and Natalia Gavrilova of the University of Chicago analyzed data about health and sexual activity collected by two nationally representative surveys. The surveys involved 3,032 adults aged 25 to 74 and 3,005 [...]
NOW THEY TELL US: Nonpartisan CBO Reports Deficit Will Be Much Worse Than Obama Says (MONEYNEWS.COM)
A new congressional report released Friday says the United States’ long-term fiscal woes are even worse than predicted by President Barack Obama’s grim budget submission last month.
The nonpartisan Congressional Budget Office predicts that Obama’s budget plans would generate deficits over the upcoming decade that would total $9.8 trillion. That’s $1.2 trillion more than predicted by [...]
Health Overhaul Likely To Strain Doctor Shortage (AP & Yahoo! News)
Better beat the crowd and find a doctor.
Primary care physicians already are in short supply in parts of the country, and the landmark health overhaul that will bring them millions more newly insured patients in the next few years promises extra strain.
The new law goes beyond offering coverage to the uninsured, with steps to improve [...]
