Economists divided over payroll tax cut extension
The House of Representatives agreed to back the
eight-week extension to the payroll tax cut this week.
Economists are divided over the effects and benefits the temporary extension to the payroll tax cut will have on American households and the economy. The House of Representatives finally agreed to back the eight-week extension this week.
Bipartisan plan for the overhaul of Medicare
Sen. Ron Wyden (D-OR), and Rep. Paul Ryan (R-WI). Photo: Tom Williams.
A GOP House Representative and a Democrat senator outlined a proposal on Thursday to ensure that future retirees continue to have access to high-quality and affordable health care.
According to the “premium support” proposal put forward by Rep. Paul Ryan (R-Wisc.) and Sen. Ron Wyden (D-Ore.), Americans retiring after Dec. 31, 2021 will be able to choose between either a Medicare plan or a Medicare-approved private plan. All schemes on offer will have to provide at least the same coverage as those available under Medicare.
Obama supports restrictions on morning after pill
Health and Human Services Secretary Kathleen Sebelius. Photo: Mark Wilson (Getty Images).
In a news conference on Thursday, President Barack Obama said he supported Secretary of Health and Human Services Kathleen Sebelius‘ decision to overrule the Food and Drug Administration‘s plan to make the morning-after pill available to girls below the age of 17 without a doctor’s prescription.
Herman Cain pulls out of presidential race
Hermain Cain was accompanied by his wife, Gloria, when he announced on Saturday, Dec. 3 that he was pulling out of the presidential race.
Herman Cain announced on Saturday that he was suspending his 2012 presidential campaign. In the past few weeks, the former CEO faced multiple allegations of sexual harassment dating back to his tenure as head of the National Restaurant Association in the late 1990s. On Monday, a Georgia woman, Ginger White, gave an interview on Fox 5 News in which she alleged Mr. Cain had had a 13-year-long relationship with her. The affair is thought to have ended shortly before the Republican contender announced he was running for the White House.