ALL BUSINESS: Dissecting the facts in Michael Moore’s new film ‘Capitalism: A Love Story’NEW YORK — Despite the title of his new movie, Michael Moore really hates capitalism. He says it’s a scheme for businesses to profit at the expense of the little guy. Medvedev lauds US move on missile defense, calls for WMD-free Middle EastUNITED NATIONS — Russian president Dmitry Medvedev lauded on Wednesday the Obama administration’s decision to scrap plans for an Eastern Europe-based missile shield, a major irritant in relations with Moscow. House to vote to eliminate Medicare Part B premium hikes next year for the few who face themWASHINGTON — With no Social Security cost-of-living increase expected in January, House Democrats want to cancel all of next year’s premium increases for Medicare Part B recipients. Fed pushes $1.45 trillion housing market plan into 2010; mortgage rates expected to stay lowWASHINGTON — Signaling confidence in a recovery, the Federal Reserve decided Wednesday to stretch out the pace of a program intended to lower mortgage rates and prop up the housing market. Democrats try wooing seniors to health care drive, press AARP to step up its sales pitchWASHINGTON — The White House and Democrats are laboring to attract skeptical seniors to their drive to reshape the nation’s health care system, leading some to press the behemoth but reluctant AARP to be more aggressive about backing them. Biden reassures seniors: ‘Nobody is going to mess with your benefits’SILVER SPRING, Md. — Vice President Joe Biden sought to reassure nervous seniors Wednesday that they won’t see cuts in their Medicare benefits if the nation’s health care system is revamped. Biden reassures Md. seniors: ‘Nobody is going to mess with your benefits’SILVER SPRING, Md. — Vice President Joe Biden told seniors at a Maryland retirement community that health insurance reform would not hurt Medicare. Democrats and Republicans spar over health care bill’s effect on seniorsWASHINGTON — Sweeping health care legislation cleared its first hurdles in the Senate Finance Committee on Wednesday as Democrats turned back a series of proposed changes by Republicans who attacked it as a threat to Medicare. Democrats reject GOP amendment to require health bill to be available online before voteWASHINGTON — Senate Finance Committee Democrats have rejected a GOP amendment that would have required a health overhaul bill to be available online for 72 hours before the committee votes. Fallen money-market fund makes $1 billion distribution, with $3.5B remaining amid litigationBOSTON — A money-market mutual fund that held more than $60 billion before it notoriously “broke the buck” a year ago said Wednesday it will hand out $1 billion in a fifth distribution to investors from the fund’s remaining assets. Finance Cte Dems turn back Republican push to let public see health bill language before voteWASHINGTON — Senate Finance Committee Democrats have rejected a GOP amendment that would have required a health overhaul bill to be available online for 72 hours before the committee votes. STIMULUS WATCH: Youth unemployment high despite US program; critic says ‘too little, too late’FRESNO, Calif. — The Obama administration’s economic stimulus program to find jobs for thousands of teenagers this summer couldn’t overcome one of the bleakest job markets in more than 60 years that had desperate adults competing for the same kind of work. Democrats juggle competing priorities as Senate committee pushes forward on health care billDemocrats try to move on health bill; GOP objects WASHINGTON — Senate Finance Committee Chairman Max Baucus heard some encouraging words Wednesday from a key centrist Democrat as he opened the second day of a committee meeting to debate and vote on his sweeping health overhaul bill. Finance Committee adopts amendment to encourage innovative care of ailing seniorsWASHINGTON — The Senate Finance Committee has adopted the first amendment to a sweeping health overhaul bill, agreeing to a measure to encourage innovative care for hospitalized Medicare patients. Whitman says Calif. needs smaller government, more private-sector jobs to reclaim its promiseSACRAMENTO, Calif. — Former eBay chief executive Meg Whitman officially launched her bid for governor of California on Tuesday, sketching out her ideas to return the state to a time when “California had its act together,” but providing few details about how she would do it. American Airlines dropping its standard retiree health plan for nonunion workersDALLAS — American Airlines is dropping its long-standing health insurance plan for retired executives and support staff over 65 as the company battles rising medical costs and a decline in revenue. Schwarzenegger signs bill to prevent low-income Calif. kids from losing health coverageSACRAMENTO, Calif. — Gov. Arnold Schwarzenegger has signed a bill that will prevent nearly 700,000 low-income children from losing health insurance. Congress’ budget chief contradicts Obama, says Medicare benefits would be cut under planWASHINGTON — Congress’ chief budget officer on Tuesday contradicted President Barack Obama’s oft-stated claim that seniors wouldn’t see their Medicare benefits cut under a health care overhaul. GOP leaders accuse Democrats of ‘gagging’ insurance companies’ criticism of health care billWASHINGTON — Republican lawmakers rebuked the Obama administration Tuesday for telling health insurance companies to stop warning elderly customers they’ll lose benefits in health care legislation, which some equated to a gag order. Dem chairman calls for health care assistance for families as Senate committee begins workWASHINGTON — Bidding for support from Democrats as well as a single Republican, the chairman of the Senate Finance Committee gaveled open a long-awaited debate over health care Tuesday with fresh plans to reduce costs on working-class families and impose new obligations on the insurance industry. Senate Finance committee starts work on ‘common-sense’ plan to expand coverageWASHINGTON — After months of closed-door wrangling, the Senate Finance committee has finally started work on a sweeping health care overhaul. Health care issues: Bundling paymentsA look at key issues in the health care debate: A look at the top-selling vehicles through the government’s Cash for Clunkers programThe government posted new data late Friday on the government’s Cash for Clunkers rebate program. Here’s a look at the top-selling new vehicles through the program when multiple engine options, flexible-fuel vehicles and hybrid versions are taken into account. Despite focus on cleaner cars, trucks and SUVs are big sellers under Cash for Clunkers programWASHINGTON — Pickup trucks and sport utility vehicles were big sellers under the Cash for Clunkers program despite the federal government’s focus on replacing gas guzzlers with more fuel-efficient cars. Senate Republicans, 1 Democrat want Treasury to end bailout plan by Dec. 31WASHINGTON — Forty senators — all but one of them Republican — want the Obama administration to let the $700 billion financial rescue program expire by year’s end, saying the money has been used in ways not contemplated by Congress. Forgotten Dubuque graveyard stops condo development, spurs lawsuit against nunsDES MOINES, Iowa — A man stumbling upon a human jaw while out walking his dog was the first sign something was amiss. Then officials uncovered something more: More than 600 sets of remains, long ago buried and forgotten, on the site where luxury condos were supposed to be built. HHS investigates Humana Medicare mailer warning seniors on health overhaulWASHINGTON — The Obama administration warned insurance companies Monday they face possible legal action for allegedly trying to scare seniors with misleading information about the potential for lost benefits under health care legislation in Congress. Vexing issue of long-term health care for seniors, disabled absent from raging US debateMIAMI — Gillian Lloyd’s parents did everything right: They saved compulsively for their retirement and brought aides into their home when they needed help. Yet they still face impossible questions of how to continue paying for care in their final years. Who’s who: A look at the 23 members of the Senate Finance Committee as they debate health careThe Senate Finance Committee begins work on a health care overhaul bill Tuesday. A look at the committee members: Government not promising big results for new mortgage relief effortWASHINGTON — Dial back the pie-in-the-sky projections. |