Public pension reform gains ground
Pennsylvania is joining a growing movement across U.S. states to overhaul public pensions, but even while the states governor says the need for reform is urgent, he advocates action only after great deliberation.
Pennsylvania is joining a growing movement across U.S. states to overhaul public pensions, but even while the states governor says the need for reform is urgent, he advocates action only after great deliberation.
President Barack Obama's signature health care law got a boost on Tuesday when a U.S. appeals court agreed with a lower court that dismissed a challenge and found the law's minimum coverage requirement was constitutional.
To fix their persistent pension problems, some U.S. states are looking to reshape their retirement plans to resemble those in the private sector, but they may find many employees resistant and the savings elusive.
A flood of U.S. retirements is threatening to burst its dam and drown aging Americans with rising living costs, but one group is proposing a novel way to protect private-sector workers: Invest in public pension plans.
An appeals court dealt a blow to President Barack Obama's health care law on Friday, leaving a mark on constitutional law, the health care industry, U.S. politics and U.S. states.
An appeals court on Tuesday sharply questioned whether the state of Virginia could challenge President Barack Obama's signature health care law, which requires Americans to buy insurance in a bid to slow health care costs.
Lawyers for President Barack Obama go to court on Tuesday to try to save the cornerstone of his health care overhaul, arguing that the requirement for Americans to buy insurance is constitutional.
States are short $1.26 trillion in paying for public employee pensions and other retirement benefits, a gap that grew 26% in one year and will take many more years to wipe out, according to a report released on Tuesday.
President Barack Obama extended an olive branch on Monday to states struggling to implement his health care law, offering support for a proposal that would give them some flexibility in carrying out its key parts.