Government-sponsored health insurance plan to face crucial Senate committee votes

WASHINGTON — Advocates for a public insurance plan — the idea that has generated the most passion in the high-decibel health care debate — are pressing for a crucial test vote in the Senate Finance Committee.

Japan’s Nomura shares tumble after brokerage announces $5.6 billion equity sale

TOKYO — Investors unloaded shares of Nomura Holdings Inc. Friday after Japan’s leading brokerage announced its biggest ever equity sale.

Finance committee senators to offer proposals Friday to create gov’t option

WASHINGTON — Two top Democrats say they’ll offer proposals to create a government-sponsored health insurance plan to the Senate Finance Committee on Friday.

Democrats try to win support from seniors for overhaul without alienating drug companies

WASHINGTON — For the moment, the health care fight is all about older folks.

Lost documents, long wait times for mortgage servicers could derail help on mortgages

PHILADELPHIA — It all comes down to details: The success of the federal government’s attempts to keep homeowners from defaulting on their mortgages appears to hinge on small things such as a servicer not losing a customer’s documentation.

Hurry up and wait: Veterans turn to loans, parents and schools as they wait for GI Bill funds

COCONUT CREEK, Fla. — Brandon Thomas was hit by shrapnel from a rocket-propelled grenade and twice grazed by bullets fired by the Taliban during his final tour with the Army in Afghanistan.

Lost documents, long wait times for mortgage servicers could derail TARP help on mortgages

PHILADELPHIA — It all comes down to details: The success of the federal government’s attempts to keep homeowners from defaulting on their mortgages appears to hinge on small things such as a lender not losing a customer’s documentation.

House passes bill to eliminate premium increases for Medicare Part B patients

WASHINGTON — Millions of Medicare patients would be spared monthly premium increases next year under a bill passed by the House Thursday.

Republicans to block health nominees until Obama’s team lifts ‘gag order’ on Medicare insurers

WASHINGTON — The Senate’s top Republicans said Thursday they wouldn’t allow President Barack Obama to fill health posts until his administration stops barring insurers from telling the elderly how Democrats’ health overhaul could affect their benefits.

House passes bill to eliminate premium hikes for Medicare Part B patients; bill goes to Senate

WASHINGTON — The House voted overwhelmingly Thursday to eliminate monthly premium increases for millions of Medicare patients next year.

Finance Committee Democrats thwart Republicans attempt to stall work on health care overhaul

WASHINGTON — Senators writing a health care overhaul bill have rejected a Republican amendment that could have put the sweeping measure on hold.

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.

Democrats, Republicans ready fresh challenges to far-reaching health care overhaul bill

WASHINGTON — Tempers are flaring as the Senate Finance Committee starts its third day of exhaustive deliberations on a sweeping overhaul of the health care system.

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.

‘Girls Gone Wild’ founder pleads guilty to filing false tax returns, will be sentenced in Nov.

LOS ANGELES — “Girls Gone Wild” founder Joe Francis pleaded guilty Wednesday to filing false tax returns and will avoid further jail time in a tax case that spanned two states and several years.

House to vote to eliminate Medicare Part B premium hikes next year for the few who face them

WASHINGTON — 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 low

WASHINGTON — 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 pitch

WASHINGTON — 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.

October angst: Small business owners face tax deadline with some in disarray, some can’t pay

NEW YORK — These are anxious times for some small business owners who face an Oct. 15 due date for their 2008 income tax returns. These owners got extensions of the deadline for filing their returns back in April but aren’t ready to file. Or, they can’t pay the government the money they owe.

Democrats and Republicans spar over health care bill’s effect on seniors

WASHINGTON — 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 vote

WASHINGTON — 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 litigation

BOSTON — 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 vote

WASHINGTON — 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.

Democrats juggle competing priorities as Senate committee pushes forward on health care bill

Democrats 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.

Ga. residents suddenly surrounded by water get crash course in flood insurance

VININGS, Ga. — David Bush had a sweeping view of the Chattahoochee River from his backyard. And when he returned to his house Tuesday, the surging river was in his front yard, too.

US government and taxpayers win rare praise for helping countries escape poverty

UNITED NATIONS — In words of praise rarely heard at the United Nations, leaders of several poor countries thanked the U.S. government and American taxpayers Tuesday for helping with economic development.

Congress’ budget chief contradicts Obama, says Medicare benefits would be cut under plan

WASHINGTON — 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.

Lebanon’s own ‘Madoff’ embarrasses militant Hezbollah group after investments vanish

TOURA, Lebanon — A Mideast version of the Bernie Madoff scandal is threatening to tarnish Hezbollah’s reputation in Lebanon for being incorruptible, and the powerful Shiite militant movement faces calls to bail out small investors to keep its position from being undercut.

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