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DES MOINES, Iowa (AP) - As if saving for retirement wasn't enough to worry about, now comes a study that shows a couple retiring this year needs about a quarter of a million dollars to cover medical expenses. ...more
March 29, 2009
"A failure to act, and act now, will turn crisis into a catastrophe." ...more
February 7, 2009
Sen. Barack Obama wants to raise taxes on high-income workers to ease Social Security's looming cash crunch. Sen. John McCain favors voluntary private accounts for younger wage earners, saying they can't count on the same government benefits as today's retirees. ...more
October 19, 2008
Small business owners, the kind Joe the plumber says he hopes to become, will need an expert from another profession - a good accountant or perhaps someone with a crystal ball - to know whether Barack Obama's tax plans will help them or send money swirling down with the Drano. ...more
October 17, 2008
SUN CITY CENTER As John McCain released new tax proposals Tuesday to help retirees, the Barack Obama campaign held meetings across Florida bashing McCain as willing to "gamble" with Social Security. ...more
October 15, 2008
So many Floridians are seeking unemployment benefits that the state's work force agency has hired more staff and expanded its hours just to keep up with the calls. ...more
October 11, 2008
Democratic presidential candidate Barack Obama discussed his tax plan and strategies for saving Social Security during an interview today with News Channel 8 anchor Keith Cate. ...more
October 9, 2008
Social Security and payroll tax is just too big of a problem for our good ole boys to understand. Make the change and spend the money as was intended when these programs were conceived. ...more
September 24, 2008
Neither Sen. John McCain nor Sen. Barack Obama is discussing the most serious financial crisis.... ...more
August 18, 2008
This month marks Social Security's 73rd birthday - placing it eight years past standard retirement age. But, despite the program's $10-trillion-plus dollar shortfall, no politician dares to suggest that this disastrous program be phased out and retired; all agree on one absolute: Social Security must be saved. While the program may have financial problems, virtually everyone believes that some form of mandatory government-run retirement program is morally necessary. ...more
August 18, 2008
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