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New drugs could extend cancer patients’ lives—by days. At a cost of thousands and thousands of dollars. Prompting some doctors to refuse to use them – by Stephen S. Hall, New York Magazine, October 20, 2013 “Cancer drugs have become a very big business, even though they serve what one expert has described as a …
Report By Dottie Rosenbaum and Brynne Keith-Jenning – October 24, 2013 “The 2009 Recovery Act’s temporary boost in Supplemental Nutrition Assistance Program (SNAP) benefits ends on November 1, 2013, which will mean a benefit cut for each of the nearly 48 million SNAP recipients — 87 percent of whom live in households with children, seniors, …
Center for Retirement Research, Boston College – IB#13-15 by Alicia H. Munnell “The brief’s key findings are: Due to increases in Social Security’s Delayed Retirement Credit, the effective retirement age is now 70, with monthly benefits reduced for earlier claiming. Benefit levels at 70 appear appropriate given that rising deductions for Medicare and greater benefit taxation have …
“Researchers today released the results of a long-awaited study, which may reveal a promising new direction in alleviating poverty, one much simpler than many popular aid methods. While traditional charities and aid programs often have infrastructures designed to deliver specific types of aid to the poor, such as food or livestock, the researchers studied a …
Press Release, October 25, 2013 – Increased Political Participation Helps Narrow Global Gender Gap in 2013 The Global Gender Gap Report 2013 “finds 86 out of 133 countries improved their global gender gap between 2012 and 2013, with the area of political participation seeing the greatest progress Iceland has the narrowest gender gap in the …
Bloomberg.com reports on an issue vital to all Americans in an ongoing series of articles, videos, slideshows: “Many Americans, burdened by a lack of retirement savings and more than one trillion dollars in student loans, are desperate to know how to make smarter financial decisions. Educators, financial institutions and even some savvy parents have come …
Women, Men and Working Conditions in Europe – A report based on the fifth European Working Conditions Survey – October 24, 2013. Smith, Mark; Piasna, Agnieszka; Burchell, Brendan; Rubery, Jill; Rafferty, Anthony; Rose, Janna; Carter, Laura “Despite much legislative progress in gender equality over the past 40 years, there are still gender gaps across many aspects of …
“Since 2008, receipts from corporate income taxes have been smaller, relative to the size of the economy, than their historical average of 1.9 percent of gross domestic product (GDP)—largely because the recent recession substantially reduced taxable corporate profits. Temporary provisions in tax laws also played a role, particularly provisions that let firms accelerate deductions for …
Raising the Age of Eligibility for Medicare to 67: An Updated Estimate of the Budgetary Effects – October 24, 2013 “Medicare, one of the federal government’s largest programs, provides health care benefits primarily to elderly people. The usual age of eligibility for those benefits is 65, although certain people qualify for the program earlier. (Medicare …
A Better Path Forward on the Volcker Rule and the Lincoln Amendment by James D. Cox, Jonathan R. Macey and Annette L. Nazareth “Two late additions to Congress’s response to the financial crisis have proved to be among the most complex and challenging for U.S. financial regulators to put into place. The degree of difficulty …
Debt Savers in Defined Contribution Plans, Size, Causes, and Solutions, Matt Fellowes, Founder & CEO of HelloWallet; Jake Spiegel, Research Associate at HelloWallet “The average 401(k) and other defined contribution (DC) plan participant now defers over 8 percent of their annual income toward retirement savings through their plan and social security taxes, making it one of the largest expenses for …
CRS – Unemployment Insurance: Programs and Benefits, Julie M. Whittaker, Specialist in Income Security; Katelin P. Isaacs, Analyst in Income Security. September 17, 2013 “Various benefits may be available to unemployed workers to provide income support. When eligible workers lose their jobs, the Unemployment Compensation (UC) program may provide up to 26 weeks of income …
