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  • GOP Rethinking Bid to Overhaul Medicare Rules Friday, 6 May 2011 | 10:51 AM ET

    House Republicans signaled Thursday that they were backing away from the centerpiece of their budget plan — a proposal to overhaul Medicare — in a decision that underscored both the difficulties and political perils of addressing the nation’s long-term fiscal problems. The New York Times reports.

  • Long-Term Care Comes Of Age Wednesday, 4 May 2011 | 9:30 AM ET

    After seeing old age or illness deplete their parents life savings, more baby boomer are signing up for long-term care coverage.

  • House GOP Members Face Voter Anger Over Budget Wednesday, 27 Apr 2011 | 12:28 PM ET
    House Budget Chairman Paul Ryan, R-Wisc., holds a copy of his budget proposal 'The Path to Prosperity' during a news conference on the FY2012 budget resolution on Tuesday, April 5, 2011.

    House Republicans appear to be on the defensive, facing worried questions from voters and a barrage of new attacks from Democrats and their allies, the New York Times reports.

  • Farrell: Are the Greek Gods Really That Crazy? Thursday, 21 Apr 2011 | 8:49 AM ET
    Vince Farrell

    I read in the paper Wednesday that Athens is going to hire a bunch of high level advisors to help it with its privatization program. The stuff done so far has been partial privatizations with minority stakes in state owned companies offered domestically and sold on the Athens stock exchange.

  • High Oil, Lower Wealth Will Slow Economy: Feldstein Friday, 15 Apr 2011 | 11:44 AM ET
    Martin Feldstein

    Higher oil, lower household wealth and continued trouble in the housing market will keep first-quarter growth "south of 2%," economist Martin Feldstein said Friday.

  • Obama to Call for Broad Plan to Reduce Debt Monday, 11 Apr 2011 | 1:20 PM ET
    Barack Obama

    President Obama will call this week for Republicans to join him in writing a broad plan to raise revenues and reduce the growth of popular entitlement programs, the New York Times reports.

  • Government payouts—including Social Security, Medicare and unemployment—make up more than a third of US wages. “The U.S. economy has become alarmingly dependent on government stimulus,” says one economist.