Search results for: national debt

By: National Council on Aging CDCUs to Work with Regional Economic Security Centers to Assist Vulnerable Older Adults According to research from the National Federation of Community Development Credit Unions (Federation) and the National Council on Aging (NCOA), older adults in the United States are…

Campaign Uses Video to Spotlight the Problem, Calls for Change in the Older Americans ActWASHINGTON, March 31, 2011 /PRNewswire-USNewswire/ -- More than 13 million older adults are considered economically insecure, living on just $21,780 a year or less. Every day, these seniors, and millions of Boomers, have to choose whether…

As the Constitutional Convention of 1787 came to a close, after three and a half months of deliberation, a lady asked Dr. Franklin, "Well, Doctor, what have we got, a republic or a monarchy?" "A republic," replied the Doctor, "if you can keep it." -…

With President Obama’s signature on 21 July 2010, consumer protections were established and strengthened regulations were put in place that will provide increased oversight and transparency of the financial sector as a whole. Throughout the campaign for financial reform, progressive advocates made sure that the…

By Zachary A. Goldfarb and Peter WallstenPresident Obama faces a growing rebellion on the left as he courts independent voters and Republicans with his vision for reducing the nation’s debt by cutting government spending and restraining the costs of federal health insurance programs.Key liberal groups,…

By David MorrisonThe National Federation of Community Development Credit Unions has received a grant to put a program into place that will help senior citizens attain financial security. The National Federation reported that the grant from the Atlantic Philanthropies will lead to eight CDCUs receiving…

“Oh, I really feel we’ve been led up the garden path…We are the people that worked.  We put this country on its feet, and we’re the people that are being hit every which way.” - Diane, age 81, in Dublin, Ireland Across many of the geographies…

By David A. FahrentholdFirst, AARP tried to convey disappointment. In May, the group launched a TV ad warning that Congress might try to cut Social Security and Medicare benefits as part of a deal to raise the national debt ceiling. “The country can do better,” it said.Then,…

By Lori MontgomeryThe chairmen of President Obama's bipartisan deficit commission on Wednesday offered an aggressive plan to rebalance the federal budget by curbing increases in Social Security benefits, slashing spending at the Pentagon and other agencies, and wiping out more than $100 billion a year in…

by JOHN LELAND Teresa Denk is 59 years old and lives with her father, a former mechanic who is 92 and requires constant care. Ms. Denk has not held a full-time job since 2000, when her mother developed cancer and required her daughter's full-time care.…