Budget Battles
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Air Force Unveils Its New B-21 Stealth Nuclear Bomber
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Massive Covid Aid Fraud Was Fueled by Fintech Companies: Report
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Fed’s Powell: ‘Long Way to Go’ in Battle Against Inflation
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Congress Looks to Avert Rail Strike
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Pentagon Chief Warns Congress to Act - Now
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Biden Pauses Student Loan Payments Again: How Much It Will Cost
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Democrats Should Defuse the Debt-Limit Time Bomb: Orszag
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Audits Reveal Millions in Medicare Advantage Overcharges
By Michael RaineyNewly revealed federal audits show that some Medicare Advantage health plans have overcharged the government by millions of dollars. The audits dating back to 2011 through 2013 were made available...
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Pelosi Makes Way for a New Generation
In January 2003, when Nancy Pelosi first became the leader of the House Democratic caucus, George W. Bush was president, the Iraq War hadn’t yet started, Michael Jordan was playing for the Washington...
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Medicare Advantage Marketing Rife With 'Fraudsters and Scam Artists’: Report
You’ve probably seen TV ads featuring D-list celebrities pitching Medicare Advantage plans by claiming that seniors may be missing out on valuable benefits. But Medicare beneficiaries are also being...
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Health Insurance Premiums Stayed Flat in 2022, but Could Surge Next Year
Annual premiums for employer-provided family health insurance coverage were relatively flat compared to 2021, according to a survey by the Kaiser Family Foundation, but premiums may rise at a faster...
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Federal Aid for Poor Families Is Being Used to Fund Anti-Abortion Movement: Report
By Michael RaineyAt least 18 states are funding crisis centers that aim to dissuade pregnant women from getting abortions, and some of them are using federal grant money intended to help poor families to do so,...
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Biden Calls for More Covid Funding, Urges Americans to Get Boosted
President Joe Biden on Tuesday got another Covid booster shot and urged all Americans to do the same. He also called on Congress once again to provide billions of dollars in additional funding to...
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Republicans Will ‘Crash the Economy,’ Biden Warns
By Michael RaineyPresident Joe Biden on Monday delivered what he called his “closing argument” to voters ahead of the midterm elections, which he said offered “a choice between two vastly different visions for...
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Biden Trumpets Falling Deficit, Slams Republican Agenda
With less than three weeks to go until Election Day, President Joe Biden on Friday sought to pitch Americans on the progress of his economic agenda and the strength of the economy, pointing to a...
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1.3 Million Diabetics Rationed Their Insulin Last Year as Prices Soar: Report
By Michael RaineyInsulin prices have risen sharply over the last two decades, forcing more than a million diabetics in the US to take less than they need to maintain good health, according to a study published this...
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Republicans Gain in Polls as Economic Concerns Weigh on Voters
By Michael RaineyVoters are worried about inflation and the economy, and that appears to be giving Republicans an edge in congressional races less than four weeks before the midterm election. A New York Times/Siena...
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Lawyer Working to Make Medications More Affordable Wins ‘Genius Grant’
The MacArthur Foundation today announced its 2022 fellows, the 25 recipients of what are unofficially called “genius grants” —$800,000 prizes paid quarterly over five years, with no strings attached...
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Republicans Plan to Use Debt Limit Leverage to Reduce Social Security, Medicare: Report
By Michael RaineyRepublicans in the House are planning to use a potential showdown next year over raising the federal debt limit to make changes in Social Security and Medicare, Bloomberg’s Jack Fitzpatrick reports...
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Medicare Advantage Has a Fraud Problem
By Michael RaineyMost of the large insurers involved in Medicare Advantage have been accused of various kinds of fraud, according to an analysis published by The New York Times , raising serious questions about the...
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New ALS Drug Will Be Priced at $158,000 a Year
The Food and Drug Administration on Thursday approved a new medication for Amyotrophic Lateral Sclerosis (A.L.S), the debilitating and deadly neurological disorder also known as Lou Gehrig’s Disease...
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The Opioid Crisis Cost Nearly $1.5 Trillion in 2020
The economic toll of the opioid epidemic in the United States rose to nearly $1.5 trillion in 2020, an increase of $487 billion over the prior year, according to a new report by the congressional...