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Is Elizabeth Warren the Face of a Democratic Crackup?
I’ve heard from a few people lately that the Democratic Party is headed for the same kind of intraparty demolition that continues to plague Republicans. According to this view, Democrats haven’t reckoned with the looming entitlement disaster that will pit the party’s…
Will Retail Investors Keep Investing New Money in 2014?
The stock market is an amazing long-run wealth-creating machine. But to take part in it, you have to invest your hard-earned cash, putting it at risk today for the potential rewards it may bring you in the future. Finding the cash to…
Happening this week: Tax talks and a potentially key meeting
Both Senate Finance Chairman Max Baucus and House Ways and Means Chairman Dave Camp will huddle with panel members this week to discuss tax reform progress. The K Street rumor mill is heating up about when the two chairmen will…
Medicare by the numbers
Did you know that 50 million people are covered by Medicare, including people … If you like to track the Medicare numbers, here are some you should know: 14.4 million People enrolled in Medicare Advantage plans–73 million People who will be receiving Medicare by 2025…Read More Notice:…
Retirement Savings: The Power Of Thinking Small
When it comes to retirement savings most people would benefit from bit of Chinese philosophy. It was Lao Tzu who said, “The journey of a thousand miles begins with a single step.”You often hear this aphorism other ways: Today is the…
Got Kids? Make Life a Little Easier With This Financial …
Congratulations! First on your baby—and second on your forward thinking. There’s no doubt that having a child is a huge financial responsibility. But being prepared isn’t just about having enough money tucked away. It’s also about planning and putting safeguards…
The 0.9% Obamacare Tax That’s About To Hit You
It’s hard to keep all the new Obamacare taxes straight, but there’s one that some couples won’t see until they file their 2013 taxes next April, and bizarrely it could mean a surprise tax bill or a refund. It’s the…
Savings not age-specific
The Nov. 4 column by Robert Samuelson, “Safety net, not subsidy,” included statistics and opinions regarding income disparity between age groups. As mentioned, the 60-plus age groups likely consist of high earners still working and retirees spending their savings, much of which…
Slowing the growth of US debt
The recently established House-Senate budget negotiating committee presents the opportunity to solve two major national problems: preventing the future explosion of the national debt and increasing current growth and employment. These problems have to be solved together. Because monetary policy can…
The national debt — without spin
Some politicians talk about the need for a balanced budget amendment to the Constitution because of our ever-growing national debt, now at over $17 trillion. Raising the debt ceiling has become a grueling political fight in recent years. But what is…