NEWS
By Hank Greenberg | December 3, 2012
The way some people talk in Washington, you could get the idea that Social Security and Medicare are little more than numbers in a budget. Yet for families in Maryland and all over America, Social Security and Medicare have a deeper meaning: They are the very foundation of security in retirement. Social Security and Medicare enable millions of older Americans to survive financially each month, after years of working hard and paying taxes to earn these protections. One day, younger people will count on these same pillars of security for their own independence and dignity in old age. Here are a couple numbers that lawmakers considering cuts to these programs should keep in mind: Half of America's seniors get by on less than $20,000 a year.
NEWS
Thomas F. Schaller | November 13, 2012
In the days following Barack Obama's re-election, we learned that Mr. Obama didn't win because voters trusted him more than Mitt Romney on the economy, or because he ended the Iraq war and killed Osama bin Laden. He didn't win because he started to turn around an economy that shrank by 4 percent in his predecessor's final 15 months. He didn't win because his advisers built a state-of-the-art field organization that overpowered the Romney campaign's beached "Orca" targeting program. No: President Obama won re-election because Americans want "free stuff," and millions of lazy takers-not-makers gave him another four years to dish out the goodies.
HEALTH
By Andrea K. walker | May 1, 2012
Baltimore health officials have launched a program they hope will give paramedics more information to treat the elderly and people with disabilities. They are asking people to fill out Gold Card forms that will list crucial health information, such as whether someone suffers from diabetes. The Gold Card can then be displayed visibly in a person's home or carried in a wallet. If there is ever a medical emergency this will help medical staff with treatment options and decrease the likelihood of complications, health officials hope.
NEWS
By Renée Winsky | July 25, 2011
In the scramble to cut the nation's debt burden, President Obama, congressional Democrats and even some Republicans have proposed squeezing money out of Medicare by changing the way it pays forprescription drugs. They claim this would save $112 billion over 10 years. But if passed it would be a disaster, costing hundreds of thousands of jobs in the biopharmaceutical industry - an important contributor to the Maryland economy - driving up drug prices and discouraging drug innovation.
NEWS
By C. William Jones | January 6, 2009
As the U.S. economy continues its meltdown, it is unthinkable that the retirees who fought wars and built our nation through decades of labor, earning post-employment pensions and medical benefits, are among those being faulted for America's economic problems. Lately, economists, talk-show hosts, journalists and even politicians have been echoing the corporate-speak by tagging baby boomers and retirees' earned pensions and health benefits as "legacy costs" dragging our nation down. The Miriam-Webster dictionary defines legacy as a "gift by will, especially of money or other personal property; bequest; something transmitted or received from an ancestor or predecessor."
NEWS
By New York Times News Service | November 30, 2007
Millions of Americans with respiratory diseases have relied on oxygen equipment delivered to their homes to help them breathe. A basic setup, deliveries of small oxygen tanks for three years, can be bought from pharmacies and other retailers for as little as $3,500, or about $100 a month. Unless, that is, the buyer is Medicare, the government health care program for older Americans. Despite enormous buying power, Medicare pays far more. Rather than buy oxygen equipment outright, Medicare rents it for 36 months before patients take ownership, and pays for services that critics say are often unnecessary.