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The Gaston Gazette in Gastonia, North Carolina

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Gaston Gazette

Location

Gastonia, North Carolina, United States of America

Date

Dec 14, 2012

Page

5

Rice withdraws from secretary of state bid in Obama cabinet shake-up

President Obama faced a cabinet reshuffle as Susan Rice withdrew from the secretary of state race after weeks of Republican opposition. John Kerry became the likely pick to succeed Hillary Clinton, while Chuck Hagel emerged as front-runner for defense secretary. In Oregon, Jacob Tyler Roberts, 22, shot people at a Portland mall, killing Steven Forsyth, 45, and Cindy Yuille, 54, injuring another.

Susan Rice U.N Massachusetts John Kerry Hillary Rodham Clinton Rice White House Barack Obama Chuck Hagel Nebraska Obama Jacob Tyler Roberts Portland Roberts Jake Hawaii Clackamas County Steven Mathew Forsyth Cindy Ann Yuille

Debate over Social Security formulas Progressives pitch indexing

A proposed new method called Progressive Indexing would compute benefits using price changes rather than wage changes. The plan targets income brackets from under 25 000 to over 113 000 and includes a mixed formula of price and wage adjustments. Source notes from Bureau of Labor Statistics via McClatchy Washington Bureau and credited graphic designers.

John Boehner Bureau of Labor Statistics McClatchy Washington Bureau MCT Judy Treible Robert Dorrell

White House silent on raising Medicare eligibility age

Democrats urge Obama to oppose a phased increase from 65 to 67, arguing 270,000 seniors would lose coverage and out-of-pocket costs would rise. CBO estimates show reduced long term Medicare spending but higher non Medicare medical costs, offsetting savings. The White House has not ruled out the change as fiscal cliff talks continue.

Washington White House Congressional Budget Office CBO House John Boehner Ohio Barack Obama House of Representatives Budget Committee Paul Ryan Wisconsin House Democrats Boehner Obama Wccotv Minneapolis

Boehner and Obama hold talks but no cliff progress yet

President Obama and House Speaker Boehner met at the White House in frank talks aimed at breaking a fiscal cliff deadlock as time runs short. Boehner criticizes White House tempo while Obama urges higher taxes on households earning over 250000 to reduce deficits.

Boehner Obama Cliff Washington Barack Obama Republican House John Boehner White House Administration Congressional Republicans GOP

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