Medicare reform pits rural clout against urban concerns
A nationwide billboard in Des Moines highlights the rural pay disparity in Medicare, fueling debate over reform bills backed by Republicans and rural advocates. Lawmakers from rural states push for a $25 billion windfall to aid doctors and hospitals, while urban critics warn of losses to city providers.
MENTIONED IN THIS ARTICLE
Washington
Towa
Des Moines International
America
Congress
House
Senate
Los Angeles
New York
Xavier Becerra
D-Calif
White House
George W. Bush
al Gore
Becerra
Bush
Ways and Means
Dan Rostenkowski
Chicago
Senate Finance Committee
Bob Dole
R-Kan
Rostenkowski
Chamber
Charles E. Grassley
Lowa
Max Baucus
D-Mont
Consolidation saves grads money on student loans
Jason Manning, who earned a masters in education at Union College, halved his loan payment from 300 to 50 as federal loan consolidation lowers monthly costs amid new low rates. Thousands consolidate multiple Stafford and PLUS loans to a single payment, with rates set at the average of loans.
MENTIONED IN THIS ARTICLE
NEW York
Jason Manning
Manning
Union College
Schenectady
N.Y
Newsalliemac.com
Patricia Scherschel
Sallie Mae
Good spending habits help save and avoid debt
New York AP reports that many debt problems stem from poor spending habits in a consumer driven economy. Howard Dworkin of CCCS notes few courses teach spending, while Ric Wade of Florida recalls overspending on cards during home refurbishments. Wade now uses savings and envelope budgeting to curb expenses.
MENTIONED IN THIS ARTICLE
New York
U.S
Howard Dworkin
Consolidated Credit Counseling Services
Fort Lauderdale
Fla
Ric Wade
South Miami
Pacific Northwest
Nancy L. Johnson
R-Com
United Technologies Corp
Johnson
Europe
Thomas
House
J. Dennis Hastert
R-Ti
Hastert
John Feehery
United States
Feehery
Fare hikes deter island travel in Hawaii
Fare increases within Hawaii push residents to choose mainland trips over interisland getaways. With roundtrip fares now 144 to 212 dollars, locals face higher costs per mile on short flights, prompting some to skip island visits or travel off Hawaii to reunions and funerals. Airlines defend the pricing as reflecting higher fixed costs per interisland flight.
MENTIONED IN THIS ARTICLE
Honolulu
John Wert
Interisland
Kauai
Wert
Mililani
Oahu
Aloha
Hawaii
Janice Kelni
Las Vegas
Sam Lefotu
Clint Kanahele
Keoni Wagner
West Coast
Hawaiian
Wagner
Federal Aviation Administration
Mainland
WTO tax break ruling sparks lobbying battle in Congress
The WTO ruling declaring the foreign sales corporation tax break illegal triggers a high stakes push in Congress. Lawmakers clash between expanding or scrapping the $5 billion benefit as Boeing, Microsoft, Caterpillar, and Ford press for protections, while Texas Instruments and ExxonMobil back international tax reform.
MENTIONED IN THIS ARTICLE
WTO
Washington
Congress
World Trade Organization
European Union
United States
Bill By Ways and
Philip McRane
Bill
Charles B. Rangel
D-N.y
Bill Thomas
R-Calif
U.S
Thomas
Boeing Co
Microsoft Corp
Caterpillar Inc
Motorola Inc
Texas Instruments Inc
Exxon- Mobil Corp
Ford Motor Co
Boeing
Ford
Joint Committee On Taxation
Kenneth J. Kies
Alexander Strategy Group
House
Tom DeLay
Texas
Kies
PriceWaterhouseCoopers
Jennifer Dunn
R-Wash
Microsoft
Devas
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North Ridge Rd
E. Lorain
Ohio
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