Health Care Costs During Retirement

Many people assume Medicare will cover most of their health care costs when they retire, and that Medicaid, the health care program for the poor, will cover them if they need nursing home care.  However, neither program guarantees a low-cost ride through retirement.

Lucky 7

The Republican Party needs serious rejuvenation. Since Ronald Reagan left the presidency in 1989 and Newt Gingrich left the House in 1999, the Republican Party has been in decline. Between 2006 and 2009 it slid from a 55-member Senate majority to a minority of just 40. In 2005 the Republicans controlled the House, 232-203; today the Democratic majority is 257-178. And of course there was a Republican president for eight years; now there is a Democratic one for at least four.

Removing the Political Shortage of Water

About 82 percent of Americans receive drinking water via publicly-owned water systems, according to the Environmental Protection Agency (EPA).  Many of these municipal and regional systems operate at a loss, meaning users' fees don't cover the cost of treating and delivering the water.  Many water authorities are critically behind on maintenance.  They lack the capital to update their water purification and wastewater treatment plants, or to secure additional water supplies to meet expected growth in demand. 

Measuring Social Security's True Liability

Every year the Social Security Trustees publish a report on the fiscal solvency of the program. It details the program's unfunded liabilities, which is what the government will still owe after it uses current and future tax receipts to pay for current and future retiree benefits.

Stimulus Health Economists: Savings Will Require Sacrifice

A health industry offer on Monday to trim costs by $2 trillion over the next decade found a skeptical audience among health care economists, who say such savings might materialize only if many parts of the industry are ready to sacrifice.

President Barack Obama announced a voluntary offer made by a consortium of hospitals, insurance companies, drugmakers and doctors to cut the growth rate for health care spending by 1.5 percentage points a year.

Socially Responsible Investing

Socially responsible investing (SRI) is the practice of choosing stocks, bonds or mutual funds based on political, religious or social values.  This investment strategy can be hazardous to an individual's portfolio, and if followed by state and local employee pension funds can adversely affect thousands of people's retirement incomes.