The consequences of such an event could be late, partial, or missed payments to federal pensioners, Social Security, and Medicare recipients, as well as higher interest rates for future federal borrowing.2 2011 Debt Ceiling Crisis The 2011 U.S. debt ceiling crisis brought the country close to ...
Read the full-text online article and more details about "Federal Budget: What's in It for Us? Help for Pensioners in Digital TV Roll-Out" - Daily News (Warwick, Australia), May 10, 2011Daily News (Warwick, Australia)
“One in three pensioners who could get Pension Credit, aren’t claiming it. The bottom line for people in retirement is paying for the basics, such as gas and electricity, and this weekly benefit means vital extra cash to help with day-to-day costs. In a cost-of-living crisis, this ...
As America's government hits the debt ceiling, US politics has become a multi-trillion dollar game of chicken. If neither side backs down, America could default on its debts for the first time in history, sparking global economic turmoil. What is the debt ceiling, and how can this crisis ...
In Gordon Brown's last Budget before the general election the Chancellor gave away roughly pounds 4bn in new spending and tax cuts, targeted at children and helping "hard-working families" to juggle home and work. Pensioners were also a priority. What did the Budget mean for you? These are...
The experience of the 20th century, when greater longevity(长寿) translated into more years in retirement rather than more years at work, has persuaded many observers that this shift will lead to slower economic growth, while the swelling ranks of pensioners will create government budget problems....
Those in this group are often driven to ensure they can meet their financial responsibilities, reap the benefits of their hard work, and set the wheels in motion for a healthy and happy retirement in the years ahead. Pensioners: Financial security is just as important later in life. Generally...
Baroness Davidson said there had been "so many open goals" for Ms Badenoch to take against the prime minister, including over hisdecision to scrap winter fuel payments for the majority of pensioners. "Why is she not going off and speaking to pensioners?" Baroness Davidson said. ...
But this week’s announcements raise as many questions as they give answers. Pensioners and pension savers alike are trying to work out what it means for them. Tax planners have been flooded with queries. Meanwhile, Labour, the favourite to win the next general election, has alreadypledged to...
I always think that in an election situation you’re not going to have any bad news in your manifestos. But history does suggest if we go back over the last 20 years or so, that there will be some bad news in that first post-election Budget. Now, we think that’s going to be aro...