Janet Copeland and her husband, Richard, both say they agree almost all the time, with one exception: The Affordable Care Act, President Barack Obama's health care legislation.
Congress gave final approval Friday to a giant transportation funding bill as part of a package that includes a measure holding down interest rates on federal student loans.
The U.S. Supreme Court made a landmark ruling Thursday upholding the controversial, massive reform of health care coverage initiated by President Barack Obama.
It walks like a tax and talks like a tax. Therefore it is a tax.
CNN's Dr. Sanjay Gupta explains how the Supreme Court's healthcare ruling will affect patients and doctors going forward.
Thursday is judgment day for the Affordable Care Act, with the U.S. Supreme Court expected to release its long awaited ruling on the constitutionality of the law. Whichever way the Court rules, the decision will be instantly framed in the political context. Its potential impact on the presidential race, on the upcoming Congressional elections and on the trajectory of the political parties will be the subject of endless analysis and debate.
The U.S. Supreme Court upheld President Barack Obama's sweeping health care legislation Thursday in a narrow 5-4 ruling that Obama says will provide up to 30 million additional Americans with health care.
While many changes to Americans' health care outlined in the the Patient Protection and Affordable Care Act don't take effect until 2014, a Supreme Court ruling expected this month could stop those changes from coming at all.
With time running out for Congress to prevent a doubling of interest rates on federal student loans, the White House and Republican leaders exchanged accusations Thursday on who was to blame for the lack of an agreement.
The nation's largest health insurer promises to continue offering some key mandates of health care reform -- such as coverage of adult dependents up to age 26 -- regardless of how the Supreme Court rules on the health care law.
The Senate, in the latest round of political maneuvering on a popular campaign issue, Thursday rejected competing Democratic and Republican proposals to prevent student loan rates from doubling to 6.8% in July.
For student borrowers, that pricey college education is going to cost a bit more next year.
Sharon Edwards of Salem, Oregon, may have to move to Mexico, where the cost of living is cheaper, so she can afford her retirement.
With federal student loan interest rates set to double July 1, the Senate failed Tuesday to get enough votes to take up a bill to extend low 3.4% rates for another year.
CNN's Candy Crowley talks to House Speaker John Boehner about the threat of higher student loan interest rates.
Ryan Bryski tells the story of his brother Christopher, whose student loans persisted after he tragically passed away.
The threat of increasing loan rates on future college students has become the newest political cudgel. It shouldn't be. Lowering interest rates on subsidized student loans does little to address the real problems of higher education: rising tuition costs and diminishing returns.
President Obama targets the youth vote in calling for lower college costs.
The White House said Friday that President Barack Obama would veto a Republican measure passed by the House to extend lower interest rates on federal student loans because it takes money from a health care fund that benefits women.
For Republicans and certain presidential nominee Mitt Romney, the best defense appears to be a good offense on issues and themes being pushed by President Barack Obama and Democrats.
CNN's Jessica Yellin reports on President Obama's efforts to secure the youth vote in November.
This week President Obama did a swing through some college campuses talking about student loan debt. The immediate issue is the 3.4% interest rate on federal student loans. It's set to double July 1 unless Congress acts. Keeping the rate low in this still weak economy is, as the president said, a no-brainer. Even his opponent Mitt Romney has endorsed it. But the larger problem -- mounting college costs and a cumulative $1 trillion in student loan debt ? remains untouched.
The House will vote Friday to extend current rates on federally funded college loans for one year, Speaker John Boehner announced on Wednesday in what is seen as an attempt to blunt President Barack Obama's momentum on an issue popular with young voters.
Margo Balboni is cramming college into three years to cut down on the cost of her student loans. As it is, the University of North Carolina sophomore expects to graduate in a few years with $20,000 in debt.
On July 1, the interest rates on student loans subsidized by Uncle Sam will double to 6.8%.
President Obama will use his bully pulpit to urge lawmakers to prevent a doubling of interest rates on federally subsidized student loans.
After years of focusing on home mortgage scams, the Federal Trade Commission is turning its sights on what it calls bogus auto loan modifications. The FTC says fraud artists are moving from mortgage loan modification schemes and targeting consumers who are underwater on their auto loans.
President Obama attacks the GOP campaign platform and the GOP's budget proposal at a luncheon in Washington.
Suppose the Supreme Court does rule that the health care mandate is unconstitutional? What happens then?
Health coverage is easy to get if you're healthy. The problem is when you're sick or have a history of illness.
On Tuesday, the U.S. Supreme Court will hear arguments on the individual mandate. This component of the Affordable Care Act, the part that decrees that every American will either buy health insurance or face a financial penalty, is the most controversial part of health care reform.
The cost of college tuition will continue to rise as long as federal student aid programs continue to increase with little or no accountability.
Rep. Paul Ryan and the GOP unveil their 2013 budget, citing $5.3 trillion in spending cuts.
House GOP leaders unveiled a 2013 budget blueprint Tuesday that has little chance of becoming law but draws a clear contrast with Democrats on taxes, spending, and a host of hot-button political issues -- all of which could play a pivotal role in the 2012 campaign.
Women face shocking disparities when buying health insurance on the individual market: In the vast majority of states, nearly all the best-selling plans charge women more than men for the same coverage, a discriminatory practice known as "gender rating."
With little more than three months until the interest rates on federally subsidized student loans double, students are pushing lawmakers to help them out.
Bank of America announced plans Thursday to freeze pension plans, effective in July, and increase its 401(k) contributions instead.
I thought I was clever. Earlier this year I had over half of my 401k assets in cash. I know that investors are terrible at timing the market and I'm way too young not to be fully invested, but I can't get over the fact that stocks look expensive right now.
For the first time in history, debt collectors -- the guys who hound you over unpaid bills -- are about to get a tough federal regulator scouring their own books.
If you have a child headed off to college this fall, you've got an important item on your to-do list: the Free Application for Federal Student Aid (FAFSA), which you can submit as early as Jan. 1.
The Obama administration proposed new rules Thursday to help retirees make their savings last throughout their lifetime -- by investing in annuities.
The car owners who are least able to afford high auto insurance rates are getting charged the most for coverage, according to a consumer watchdog group.
Many people think they can plan on spending less later in retirement since they'll become less active as they age. But if their health declines, they may actually shift spending rather than reduce it. Do you think it's risky to plan as if one's expenses will go down later in retirement? --Tim, U.K.
My 401(k) is managed by a brokerage firm that was busted by the SEC for fraudulent practices (although those practices weren't related to my 401(k) plan). Still, I don't want to invest my money with, or pay fees to, to a firm I consider unethical. For now, I've switched all of my money into the bond account figuring it's the safest place to invest until I can figure out what to do. But I'd really like to get into another 401(k) plan. Can I do that? -- Michael S.
Attention college students: The interest rate on federal student loans is scheduled to double this summer unless Congress acts soon.
I'm 57 and hoping to retire at 68, but I'm behind on my retirement savings. Should I invest as if I were younger and shift more into stocks to help increase my 401(k)? -- Jeff Branstrator, Greensboro, N.C.
Mortgage loan applications surged 23% last week, according to the Mortgage Bankers Association, as record-low interest rates convinced many homeowners it was time to refinance into lower-cost loans.
Pat Conroy is a road warrior, rarely getting sick as he travels three to five days per week for his job as head of Deloitte's consumer products division. He works out regularly when on the road and tries to eat right.
CNBC's outspoken financial adviser, Suze Orman, has a new piece of advice for her viewers: Go pick up her new, self-branded prepaid card.
Same-sex spouses are paying as much as $6,000 a year in extra taxes because the federal government doesn't recognize gay marriage, according to an analysis conducted for CNNMoney by tax specialists.
Happy holidays, homebuyers! You just got a very nice present.
The Paul Ryan-Ron Wyden Medicare reform plan is a political game-changer. Amidst heated gridlock in Washington, Rep. Paul Ryan, a conservative budget hawk, and Sen. Ron Wyden, a respected liberal senator, have reached consensus on vital entitlement reform. Medicare is on the track to insolvency; this could be the bipartisan solution.
How much should I have in a 401(k) or other retirement accounts at various ages relative to my salary so I know I'll eventually enough money to maintain my standard of living throughout retirement? -- K.T., Olathe, Kansas
My fiancé and I are in our late 20s and we contribute to our 401(k) plans. But we'd like to supplement our retirement savings by making additional small contributions (maybe $100 a month) over time. We wouldn't touch this money except in an absolute emergency. Any suggestions? -- M. Barber
Thousands of college students may soon feel a financial pinch and another 100,000 may not be able to complete degrees after Congress pushed ahead with changes to federal student aid, education experts said.
I have a substantial amount of cash I want to move into stock and bond mutual funds I already own. I'm aware of the concept of dollar-cost averaging, but I'm afraid that as soon as I move the money it will decline in value and take years to recover. My question is not about what to invest in, but how to make those investments timing wise. -- Robert P.
The statement: The Social Security payroll tax cut that President Barack Obama is seeking to extend "will cost the Social Security trust fund another $112 billion, and we don't have enough money this year in the Social Security trust fund to put out those checks -- which means we have to go to the general Treasury to get the money." -- Republican presidential candidate Rep. Michele Bachmann, at Saturday night's ABC News debate in Iowa. She added that the tax cut "blew a hole" in the trust fund.
I'm 31 and dissatisfied with the funds I now own in my 401(k). So I want to shift my money to different funds within the plan. When making this decision, which do you think I should focus on more: the funds' expenses or the returns the funds have earned? - C.H.
In all the talk about whether to extend the Social Security payroll tax cut, a lot of the focus is on the economy: Will the recovery suffer if Congress lets it lapse?
The investment company that manages my 401(k) funds recommends I roll my money into mutual funds managed by a subsidiary of theirs when I retire next year. But I'm wondering whether I would be better off moving my assets to the funds of a different firm. What are your thoughts? -- J. Thomas
Americans put more of their hard-earned dough into savings in October and increased their spending only very little.
Last year the economic forecasting firm Fiserv predicted that home values would sink around 5% in 2011, and that prices in three-quarters of the nation's major metro areas would fall. The bad news is, the firm wasn't that far off the mark. The good news: In the coming year, Fiserv thinks 95% of the 384 metro areas it tracks will see prices rise.
Let's face it: 2011 was pretty abysmal when it came to savings rates, and 2012 won't be much brighter.
I'm thinking of retiring this summer. Ideally, I'd like to withdraw a higher percentage of my savings the first 10 years or so of retirement and then step it down as my wife and I become less active. Are there any rules of thumb or planning tools that could help me out? -- Craig R.
I'm 23 years old and working full-time. I'm on track to set aside about $10,000 this year. I'm typically very cautious, which makes me unlikely to invest in stocks or anything that is not guaranteed. So my question is: how should I invest my money? -- Laura Hochman, Lawrence, Kan.
As other banks recoil from the customer wrath they faced after attempting to introduce debit card fees, TD Bank is rolling out a brand new fee and hiking others.
My company doesn't offer a 401(k). I invest the max in a Roth IRA, but I know that won't provide enough for retirement. I'd like to invest another $5,000 a year into some sort of retirement plan. What options do I have? -- Daniel J., St. Paul, Minn.
Just because debit-card fees are out of the picture for now, don't stop checking your bank statements.
Thanks to Medicare, there's at least one thing you don't have to worry about in retirement: whether you'll have health insurance. How you'll get it, on the other hand, is another matter.
Although more Americans are getting help from scholarships and tax breaks, the net cost of college is eating up a higher share of the typical family's income in 2011, according to a report released Wednesday.
U.S. Education Secretary Arne Duncan explains President Obama's plan to ease the student loan burden for graduates.
Figuring out how much college is going to cost you is about to get much easier.
The White House announced on Tuesday two new measures the Department of Education will start offering in January to help college graduates climb out of their student loan debt hole.
This is the second-part of MONEY's ongoing series on Medicare.
This Sunday morning, and for every foreseeable Sunday until at least the 2012 elections, the talking-head news shows will be crowded with members of both parties talking about the need to fix out-of-control "entitlements." Politicians like that word. It's safely nonspecific, and we're all a little suspicious of someone who feels entitled.
Citing cost concerns, the Obama administration said Friday it has halted a long-term care insurance program that was part of the massive health care law passed in 2010.
Elizabeth Cohen, senior medical correspondent, explains why the White House is dropping a long-term health care program.
A life insurance broker told me that if I put my portfolio in a variable universal life insurance policy it would be a great investment and tax shelter. I was also shown an illustration that my money will grow at 10% a year. Do you believe that a stock market investment will grow at 10% in such a policy? -- Todd C.
Mortgage rates have never been cheaper, with the 30-year rate falling below 4% for the first time in history.
I'm terrified of the stock market these days. I plan to retire in April, but I'm afraid I'll lose everything before then. I want to put my money in a safer place, but I don't know where. Should I sell stocks now or wait to see if they go up in value? What do you think? -- Gerry
Fixed mortgage rates hit their lowest levels since Freddie Mac began tracking them, the agency reported Thursday.
I'm more than a little disappointed with calculators. I began saving regularly for retirement in the late 1970s and according to the calculator I was supposed to be pretty well off by now. What actually happened, though, was that I did OK until about 2000 but not very well since then. I'm glad I saved, but the calculator was wrong. --David R., Phoenix, Arizona
Thank you, boss?: While the annual cost for employee family health insurance jumped 9% this year, employers shouldered the bulk of that increase, according to a new industry survey Tuesday.
These are hard times in the United States.
When you gather up your W-2s, 1099s and crumpled receipts to figure out your taxes this time of year, you're probably hoping for some shreds of good news. How's this: Because April 15 falls on a Saturday in 2006, you have two extra days to file.
My IRA rollover account is already diversified across a wide range of low-expense investments (including some Money 70 funds), but I'm considering diversifying even more, perhaps global bonds, mid-caps, REITs and commodities. How far should I split the atom in terms of diversification? -- K.S.
The number of people who lacked health insurance last year climbed to 49.9 million, up from 49 million in 2009, the Census Bureau said Tuesday.
While many Americans worry that the Social Security Administration won't have enough money left to pay their benefits when they retire, the agency is doling out millions of dollars to people who aren't even alive.
I switched employers recently and I want to move my old 401(k) balance into my new plan. But I'm afraid that if I do, I might miss out on gains if the market moves into more bullish territory while the transfer is taking place. Should I make the move now or wait until the market settles down a bit? -- Mike S.
Now that Hurricane Irene has departed, many Americans are left to deal with the damage the storm left behind and whether or not their insurance company will help pick up the tab.
Five years after a law to protect U.S. military personnel from salespeople selling life insurance, a new Pentagon report finds problems continue.
Drawing up a will may not be the most pleasant task, but it seems straightforward: You leave behind a legal document that specifies how you want your property doled out when your time on this earth is up. What you may not realize, though, is that much of your net worth can be passed along outside of that will. Without some planning, you could unwittingly disinherit intended beneficiaries, including your children, from significant portions of your estate.
One savings account at a time, "Sweet" Alice Harris is trying to save youths from the temptations of crime and violence in Los Angeles' notoriously troubled neighborhood of Watts.
How can I go about calculating the expenses I should expect in retirement? -- Bozena Thrower, Portland, Conn.
Consumer borrowing fell slightly in the second quarter, as Americans shed more of their debt. A new report released Monday by the New York Federal Reserve -- which looks at mortgages, home equity lines, credit cards, auto loans and student debt held by consumers nationwide -- found that total consumer debt fell to $11.4 trillion in the second quarter of this year.
At least one fear was not realized amid Monday's meltdown: the concern that mortgage rates would immediately shoot higher in response to Standard & Poor's downgrade of Fannie Mae and Freddie Mac, the government-sponsored entities that are the 800-pound gorillas of the mortgage market.
Some students will start owing more on their loans while they're in school under a last-minute debt ceiling deal to keep the country out of default and reduce deficits by at least $2.1 trillion over a decade.
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