Tag: Government finance

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Health

What’s up with Obamacare and my healthcare?

In this Oct. 30, 2013 file photo, President Barack Obama speaks at Boston’s historic Faneuil Hall about the federal health care law. Now is when Americans start figuring out that President Barack Obama’s health care law goes beyond political talk, and really does affect them and people they know. (AP Photo/Charles Dharapak, File) by Jen Christensen (CNN) — As the politicians fuss and fight over the merits of the biggest overhaul of the health insurance system in this country, you may be wondering, “What does this all mean to me?” Here’s what we know so far about what’s up with your healthcare.

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Metro

Casey warns of more cuts to medical research funds

Sen. Bob Casey, D-Pa., speaks during a news conference at 30th Street Station in Philadelphia. (AP Photo/Matt Rourke) PITTSBURGH (AP) — U.S. Sen. Bob Casey said new spending cuts to federally funded medical research will take effect in January if Congress does not stop them, and he blamed an earlier round of funding cuts for massive job losses in Pennsylvania.

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National

Obama: Shutdown exposed clash of political visions

President Barack Obama, accompanied by Education Secretary Arne Duncan, right, laughs as he visits a classroom at Pathways in Technology Early College High School (P-TECH) in Brooklyn borough of New York, Friday, Oct. 25, 2013, to highlight the importance of education in providing skills for American workers in a global economy. (AP Photo/Charles Dharapak) by Josh LedermanAssociated Press Writer NEW YORK (AP) — Regrouping with Democrats after a bitter budget fight, President Barack Obama on Friday cast the recent spending-and-debt standoff with Congress as “a symptom of a larger challenge” but one offering Democrats the chance to show voters the virtues of their vision for government ahead of the 2014 midterm elections.

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Business

Teshome gives business forecast to Chamber

PREDICTIONS—PNC VP and Market Analyst Mekael Teshome tells the African American Chamber of Commerce’s PowerBreakfast audience that he sees modest but positive economic growth ahead. (Photo by Christian Morrow) As an economist and assistant vice president at PNC, Mekael Teshome’s specialty is risk analysis. So it wasn’t unexpected that the economic forecast for the coming year he presented at the African American Chamber of Commerce’s October 18 PowerBreakfast was relatively conservative, but positive.

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National

Kennedy’s vision for mental health never realized

In this Oct. 31, 1963 file photo, President John F. Kennedy signs a bill authorizing $329 million for mental health programs at the White House in Washington. (AP Photo/Bill Allen, File) by Michelle R. SmithAssociated Press Writer PROVIDENCE, R.I. (AP) — The last piece of legislation President John F. Kennedy signed turns 50 this month: the Community Mental Health Act, which helped transform the way people with mental illness are treated and cared for in the United States.

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National

Obama taps Black former Pentagon senior attorney to head Homeland Security

President Barack Obama stands with Jeh Johnson, his choice for the next Homeland Security Secretary, in the Rose Garden at the White House in Washington, Friday, Oct. 18, 2013. Johnson was general counsel at the Defense Department during the wars in Iraq and Afghanistan. (AP Photo/Charles Dharapak) by Avis Thomas-LesterFor New Pittsburgh Courier (NNPA)–President Barack Obama has selected Jeh Johnson, a graduate of Morehouse and Columbia Law School, as secretary of the Department of Homeland Security. If confirmed, Johnson, who retired from government to go into private practice, would come to the position with substantial experience, officials said.

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National

As government re-opens Obama warns: “The American people are completely fed up with Washington”

BACK IN BUSINESS–President Barack Obama speaks in the State Dining Room of the White House in Washington on Oct. 17, 2013. (AP Photo/Jacquelyn Martin) by Andrew TaylorAssociated Press WriterWASHINGTON (AP) — The government unlocked its doors Thursday after 16 days, with President Barack Obama saluting the resolution of Congress’ bitter standoff but lambasting Republicans for the partial shutdown that he said had damaged the U.S. economy and America’s credibility around the world.

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National

Time to throw my bum out of Congress?

President Barack Obama delivers the State of the Union address in the House Chamber at the U.S. Capitol in Washington, D.C., February 12, 2013. (Photo by Lawrence Jackson/The White House) by Paul SteinhauserCNN Political Editor (CNN) — It’s conventional wisdom: Americans don’t like Congress. But when it comes time to vote, they usually don’t throw their lawmaker out of office. However, new polls indicate that times and perceptions about “throwing the bums out” may be changing.

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Opinion

Republicans, stop living in fear

by Donna Brazile (CNN) — As Senate negotiators, led by Majority Leader Harry Reid and Minority Leader Mitch McConnell huddle for another day to avoid the nation’s default this week, we’ll know in a few days if Congress — more accurately, House Republicans — will choose to plunge this nation into a second recession, possibly triggering a global financial meltdown, or agree to compromise.

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National

Reid: Soft-spoken, combative Obama partner vs GOP

President Barack Obama, Senate Majority Leader Harry Reid of Nev., right, and other Democrat Senators meet in the Oval Office of the White House in Washington. (AP Photo/Carolyn Kaster) by Charles Babington and Nedra PicklerAssociated Press Writers WASHINGTON (AP) — Harry Reid, the soft-spoken but pugilistic Senate majority leader, didn’t wait for White House officials to declare their view of high-stakes talks over the government shutdown and debt. Standing just outside the West Wing, the 73-year-old Nevadan gave reporters his assessment of a key House Republican offer last week: “Not going to happen.”