WASHINGTON— Insurance coverage for millions of people is riding on the latest politically charged Supreme Court clash over President Barack Obama's health care overhaul. "This case is no less important to the future of the Affordable Care Act" than the court's decision in 2012, said Erwin Chemerinsky, dean of the University of California at Irvine law school.» Read More
Members of a House-Senate committee charged with writing a measure to extend a payroll tax reduction and provide added unemployment benefits reached a tentative agreement Tuesday evening, with Republicans and Democrats claiming a degree of political victory in a fight with significant election-year implications, the New York Times reports.
In the short time between the election and Dec. 31, the lame duck U.S. Congress has a “golden opportunity” to close two-thirds of the budget deficit by letting tax cuts expire and allowing mandatory budget cuts to kick in, Roger Altman, founder of Evercore Partners and a former deputy U.S. Treasury secretary, told CNBC.
Honeywell CEO David Cote wants President Obama to talk about the national debt and how he'll shrink it during the State of the Union address later Tuesday, he told CNBC.
With two trading days left in the year, “Fast Money” pro Anthony Scaramucci shared his 2012 predictions on Europe, gold, the U.S. dollar, Iran and Occupy Wall Street.
Pharmaceutical giants’ profits could take a "double-dip" hit next year from patent expirations on blockbuster drugs and President Barack Obama’s healthcare reforms, according to a report from CreditSights, a credit market research firm.
Medicare officials say hundreds of thousands of doctors will get a steep cut in payments on Jan. 18 unless a gridlocked Congress issues a reprieve.
GOP presidential hopeful Newt Gingrich discusses what he would cut from the Federal budget, tax cuts, President Obama, Ron Paul's negative ad against him, his 15-point lead in the latest Gallup poll, and why he would make a stronger candidate than Mitt Romney.
There's a number of big issues out there that will have a bearing on the economic well-being of Americans, and voters are beginning to wonder where the presidential candidates stand on some of them.
Is legislated healthcare reform here to stay? As we watch the presidential race heat up – and look to a Supreme Court ruling this summer — no one knows for sure. Regardless, we as a nation need to realize that traditional thinking around healthcare is forever changed.
In recent days home health care companies—notably Amedisys, Gentiva and LHC Group, have been whacked after a Senate staff report slammed them for allegedly gaming the Medicare system. That prompted me to wonder what other areas of healthcare could be susceptible to the government’s Medicare mash.
Want to know why Medicare and Medicaid are going broke? One big reason is fraud, and it's been infecting government health care programs for years. CNBC's Scott Cohn has the story of a home health care scam for the record books.
In the first overhaul of the system in 25 years, younger, healthier people will be given priority preference for kidneys over older, sicker people. This is a major change over the previous system which favored patients on a waiting list – first come, first served – irrespective of age or health condition.
Though the U.S. had made much progress taking medical record keeping into the digital age, there's still some doubt that the government will reach its target by the prescribed deadline.
Medicare and Medicaid are often confused with each other as both are government sponsored health programs. But there are major differences. CNBC explains.
All states, regardless of partisanship, hate the idea because states (and some cities) already use the sales tax. They do not want the Feds elbowing their way in on these revenues, but perhaps now is the time to think about a national sales tax.
One could argue that lately you had better odds winning in Las Vegas than Wall Street. Sin City is coming back, but its economy remains fragile.
Investors woke up Monday to a world in which America is seen as a greater credit risk than anytime in recent history, and they didn't like what they saw. The conversation around why we were downgraded can get as wonky as we want, but let’s not get caught up in the weeds. We are where we are because the problem is simple: Our country spends far more than it takes in—trillions more.
The debt-ceiling deal doesn't go far enough to control the U.S. government's spending problem, according to many.
Two brothers earned millions of dollars from Medicaid funding as executives of a non-profit organization that provides care to the developmentally disabled, the New York Times reports.
The nation's health care tab is on track to hit $4.6 trillion in 2020, accounting for about $1 of every $5 in the economy, government number crunchers estimate in a report out Thursday.