Medicaid expansion could save thousands of lives study says
A Harvard led study in the New England Journal of Medicine links expanded Medicaid to a 6 percent drop in adult death rates in Arizona Maine and New York. For every 176 adults covered one death per year would be prevented. The paper notes policy implications amid court rulings and political debate over expansion.
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Romney Abroad Faces High Stakes in International Audition
Mitt Romney tu rns to England Israel and Poland for a high stakes overseas trip seen as an international audition. The Republican candidate seeks to prove foreign policy savvy and highlight the Salt Lake City Olympics while avoiding direct criticism of Obama.
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Notable Firearm Sales Surge After Colorado Massacre
Firearm buyers flock to shops in Colorado and beyond after Friday shooting that killed 12 and wounded many. Colorado background checks rose 25 percent above typical Friday to Sunday levels in 2012 and 43 percent above the prior week. Gun shop owner Dick Rutan reports a spike in concealed-weapon training requests.
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Drought Outlook for 2013 Raises Food Prices Nationwide
The USDA warns drought hurts half the country and pushes grocery costs up three to four percent in 2013. Beef may rise four to five percent, dairy 3.5 to 4.5 percent, poultry three to four percent, and pork 2.5 to 3.5 percent while fruits and vegetables stay relatively stable.
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Richard Volpe
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Markets Mixed as Dow Closes Higher on Wednesday
Dow Jones rose to 12,676.05 while the Nasdaq slipped 8.75 to 2,854.24 and the S&P 500 fell 0.42 to 1,337.89. Commodities traded varied with corn up 9.75 cents to 7.88, soybeans 46 cents higher to 16.16, wheat up 23.50 cents to 9.04, oil at 88.97, silver 0.65, gold 1,608.10, and platinum at 1,399.40.
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Chicago
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Senate rejects Republican tax plan amid Democratic victory
Democrats push a yearlong extension of tax cuts for all but the top earners, winning a 51 to 48 Senate vote presided by Vice President Biden. A separate 54 to 45 tally killed a GOP package aimed at extending cuts for the wealthy. The $250 billion measure would keep 2013 cuts for most, deny them to individuals over 200000 and couples over 250000. The GOP House will vote next week on a near-identical package worth about 405 billion.
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