Page 823 - Pensions News Today

People who rely on social security, veteran benefits and federal pensions may get another relatively small cost of living adjustment next year. the associated press analysis says that the 2014 increase will be roughly 1.5% because consumer prices have not gone up much in the last year. one of president obamas top advisers for several years says that the people who screwed up the health care reform roll out should pay with their jobs. tonight, the chief national correspondent jim engle says that ...

Theres ted cruz coming in right over there with paul ryan, who is a much more household name. he won the value voters straw poll with our friend, carson coming in second. so the guy is, #winning at the moment, right? >> what concerns me, its super fun to hate ted cruz. it feels really good to have a two-minute hate. >> yes. >> but, the thing is, hes not -- hes radical, but hes not treated like the social p pariah he all is. but the community hes choosing to target are like traditionally targets ...

>> i also, just, im a little frustrated by this narrative that the billionaires are coming to save us. the media is like largely complicit in that and it reinforces conservatives message. but for example, john arnold, this story drives me insane, this man is also working to privatize pensions. it was nowhere in the stories about him being so generous and giving so much money to head start, you know, can we also consider that that is potentially, yes, maybe he has goodness in his heart, but it al...

Administration has ominous language to say were going to be in eminent risk of default, certainly within a week or two. republicans, several republicans say, no, no, no, you are overblowing. that we have hundreds of millions, billions of dollars coming in every day from taxes. we are not going to default. what this is is a debate about semantics. a default technically defined is if the government fails to make bond holders in debt. china, foreigners, pensions, people who own treasury bonds. it i...

Interconnectiveness across the economies not to mention the basic practicalities of how to deal with technical default, impaired/nonimpaired security, given the very, very deep penetration of treasury bonds from the united states and all portfolios around the globe. >> thats the point, michael, suzanne. everybody, every bank, every insurance company, every mutual fund, many governmentses, ordinary investors in their portfolios and their pensions have some form of u.s. government securities in th...

Compromise does not immediately destroy and defund obama care is hes a big sellout ill hes thinking hes going to push this horrible budget on the country. >> heres what everyone misses, i think, about the paul ryan budget. now were talking about this entitlement reform, benefit cuts. >> hes talking about means testing medicare. hes talking about cutting federal pensions. hes cutting taxes. and hes also talking about bringing back the key stone pipeline. >> the reason that wont happen is because ...

... nothing transforms schools like investing in advanced teacher education. lets build a strong foundation. lets invest in our teachers so they can inspire our students. lets solve this. the pentagon says it will start wiring checks today of $100,000, military death benefits that had been halted by the shutdown. last night president obama signed legislation rushed through congress after hearing about the problem on nbc and msnbc. what about more than 5 million veterans and families who rely o...

These checks tomorrow. >> now, i know these checks will be for presumably the $100,000 of the death benefit. the pentagon did come up with some spare cash or extra seats on planes that were going anyway to get some of the families to dover for the dignified return of the remains. but that said, there were a lot of other people involved. and i know youre a very generous man. but if this thing, this shutdown goes on for another couple of weeks, secretary consecky says that billions of dollars will...

Have we changed our prioritizing in term of what we buy? basically not. we believe that the possibility of a default is 500,000 to one. or you know, basically a million to one. so we continue to buy treasuries and front end treasuries that stand a chance, perhaps, of being defaulted technically in the next few weeks. >> it would seem to me when you make this point about prioritizati prioritization, that it would be suicidal, to keep the pensions, to all the countries in the world that lend this ...

Pensions and dependents and indemnity compensation, fiduciary, education, and other benefits. including veterans who are 100% disabled, surviving spouses, eligible children, orphaned by the death of their military or veteran parent. tuition and sty pends for over 500,000 veterans and eligible family members will also stop. these are some of the major issues veterans face if the shutdown continues. my written testimony includes details of other negative impacts to our i.t. initiatives. to our nat...