Political Capital

Posts tagged: Medicare

Elderly in Miami.

Photograph by Jeffrey Greenberg/UIG via Getty Images

Elderly in Miami.

Medicare Fraud Busted by DOJ: Miami Epicenter

Ninety people were charged in a nationwide crackdown on health-care fraud schemes that bilked Medicare of about $260 million in false charges, the Justice Department said today. “The fraud was rampant, it was brazen and it permeated every part of the Medicare system,” David...

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People stand in the line to register for insurance under the Affordable Care Act on March 31, 2014 in Miami.

Photograph by Joe Raedle/Getty Images

People stand in the line to register for insurance under the Affordable Care Act on March 31, 2014 in Miami.

Bloomberg by the Numbers: 7.1 Million

President Barack Obama said that 7.1 million people signed up for coverage under his health-insurance law. “All told, because of this law, millions of our fellow citizens know the economic security of health insurance who didn’t just a few years...

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Douglas Elmendorf, director of the Congressional Budget Office, during a House Budget Committee hearing in 2012

Photograph by Andrew Harrer/Bloomberg

Douglas Elmendorf, director of the Congressional Budget Office, during a House Budget Committee hearing in 2012

103 Ways to Leave Your Deficit

For Paul Simon, it was “50 ways to leave your lover.” For Doug Elmendorf, it’s 103 ways to cut your budget. Which may be about equally difficult. The director of the Congressional Budget Office offered Congress today a long list...

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Granny Really Goes Over Cliff — Pro-Entitlements Ad Ready

The AARP, unions and Democrat activist groups spend million of dollars pressuring Congress on entitlement spending such as Medicare and Social Security. So far their tactics have worked, Bloomberg News reports today from Washington. Budget conferees meeting today have already...

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David Koch, executive vice president of chemical technology for Koch Industries Inc.

Photograph by Amanda Gordon/Bloomberg

David Koch, executive vice president of chemical technology for Koch Industries Inc.

Kochs Span Generation Gap

Generation Opportunity claims to represent younger Americans. 60 Plus Association, which supports privatizing Social Security and ending traditional Medicare, claims to represent the elderly. Both groups have two things in common: They are funded by nonprofits linked to billionaire energy executives...

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House Republican leaders are struggling to avoid a U.S. government shutdown at month's end after delaying a vote on a spending plan opposed by dozens of their caucus members.

Photograph by Andrew Harrer/Bloomberg

House Republican leaders are struggling to avoid a U.S. government shutdown at month's end after delaying a vote on a spending plan opposed by dozens of their caucus members.

Countdown to Shutdown: 7 Days

Updated at 9:20, 10, 11:15 am and 4 pm EDT with Sam Kussin-Shoptaw reporting from the Senate “I intend to speak in support of defunding Obama-care until I am no longer able to stand. To do everything that I can...

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Guest workers harvest the strawberry crop at a farm in China Grove, North Carolina.

Photograph by David Turner/MCT via Getty Images

Guest workers harvest the strawberry crop at a farm in China Grove, North Carolina.

Immigration Bill: $175 Bln Savings

Now they can have their immigration bill and eat their deficit, too. After warnings from some corners — such as the Heritage Foundation claiming the Senate’s immigration reform bill will cost trillions of dollars over five decades — the Congressional...

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A terminally-ill resident of the Hospice of Saint John is comforted in her bed. The non-profit hospice, the second oldest in the United States, accepts the terminally ill regardless of their ability to pay, although most residents are covered by Medicare.

Photograph by John Moore/Getty Images

A terminally-ill resident of the Hospice of Saint John is comforted in her bed. The non-profit hospice, the second oldest in the United States, accepts the terminally ill regardless of their ability to pay, although most residents are covered by Medicare.

Bloomberg by the Numbers: 2026

That’s the estimated depletion date for Medicare’s main financial trust fund, according to a May 31 report from the trustees who oversee the financial operations of the $574 billion program for the elderly and disabled. Medicare’s Part A fund, which...

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A registered nurse checks out an elderly patient in Lakewood, Colorado.

Photograph by John Moore/Getty Images

A registered nurse checks out an elderly patient in Lakewood, Colorado.

Obamacare Bolstering Medicare: White House’s Take on Trustees

The Obama White House has a take on the report today that the Medicare trust fund will last two years longer than previously projected — and, naturally, Obamacare figures in the equation. “The Medicare Trustees reported some good news for...

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Senate Budget Committee staff members hand out copies of the Obama Administration's proposed FY 2014 federal budget in the Dirksen Senate Office Building on Capitol Hill April 10, 2013 in Washington, DC.

Photograph by Chip Somodevilla/Getty Images

Senate Budget Committee staff members hand out copies of the Obama Administration's proposed FY 2014 federal budget in the Dirksen Senate Office Building on Capitol Hill April 10, 2013 in Washington, DC.

Obama: ‘Not a Lot of Smoke and Mirrors’

The 2014 budget that President Barack Obama proposed today is all about creating jobs and boosting the economy, the president said today. His budget, he said, replaces the cuts of sequetration with “smarter ones.” It builds new roads and bridges,...

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