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HHS cracks down on Indiana Medicaid plan

HHS cracks down on Indiana Medicaid plan

The Health and Human Services Department rejected changes in Indiana’s Medicaid plan Wednesday, saying it illegally bans funding for Planned Parenthood, and sought to make clear that a similar fate awaits other states that pass legislation barring any qualified health care provider. State officials signaled they would not accept HHS’ decision. In a letter sent […]

Parties posture on debt issue

Parties posture on debt issue

The threat of a first-ever default by the federal government is pushing President Barack Obama and Republicans toward a sweeping agreement to cut government spending and increase the Treasury’s borrowing authority. Yet a perennial partisan struggle over Medicare drives them apart. Remarkably, the two sides seem determined to pursue both accord and discord simultaneously, sparing […]

U.S. threatened with credit rating hit if debt crisis continues

U.S. threatened with credit rating hit if debt crisis continues

Facing a dire warning from a credit rating agency, the Obama administration lobbied some of Congress’ most conservative members Thursday for an increase in the nation’s debt limit. Republicans responded that the surest way to reassure financial markets was to enact deep deficit cuts. At the White House, President Barack Obama told Democrats he expected […]

Weak economy stalls economy

Weak economy stalls economy

U.S. employment probably lost steam in May as high energy prices and the effects of Japan’s earthquake bogged down the economy. Nonfarm payrolls likely increased 150,000 last month, according to a Reuters survey of economists, after advancing by an 11-month-high of 244,000 jobs in April. The job creation slowdown would confirm the economic weakness already […]