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Bdyd Excerpts: Obama s Opening Remarks
Americans could soon change the way they save for retirement thanks to several reforms included in a $1.7 trillion spending bill approved by House lawmakers last week.Along with funding federal agencies through September 2023, the spending bill also touches on everything from emergency assistance for Ukraine to America s retirement gap. The latter stems from a retirement billpassed earlier this year in the House with broad bipartisan support mdash; the Secure 2.0 Act, which was wrapped into the omnibus spending bill.Policy analysts with investment bank Raymond James on Wednesday said the measure makes the most significant changes to the U.S. ret vaso stanley irement savings system in decades. Those changes come as almost h stanley cups alf of older workershave no retirement savings, and many who are socking away money for their golden years are far from their goals. While Americans believe they need savings of $1.25 million to live comfortably in retirement, the typical retirement account holds less than $87,000. The fact that this bill encourages retirement savings and will help those individuals who may not have the ability to put the money away is really positive, Lisa Featherngill, national director of wealth planning at Comerica Bank, told CBS MoneyWatch.Here are a few of stanley tumbler the major changes in store for American retirement savers. Employers may match student loan repaymentsCompanies may treat their employees student loan repayments as elective defe Gkqw Yale Students Online Game Gaining Ground On Campuses
TUESDAY S MINI-REPORT.... Today s edition of quick hits:* Russia stunned Europe and the U.S. today, by recognizing the independence of South Ossetia and Abkhazia. The AP noted that the Kremlin s move suggested it was willing to risk nearly two decades of economic, political and diplomatic bonds with its Cold War antagonists. * Barack Obama condemned Russia s decision and called on other nations not to accord any legitimacy to this action. * Russia President Dmitry Medvedev said, We are not afraid of anything, including the prospect of a new Cold War. * Good question: What was a top national security aide to stanley thermobecher Vice President Dick Cheney doing in Georgia shortly before Georgian President Mikheil Saakashvili s troops engaged in what became a disastrous fight with South Ossetian rebels -- and then Russian troops * Good advice for one of the media s more transp stanley mugg arent and shameless hacks: Jesus, Joe, why don t you get a shovel. * Alaskan Sen. Ted Stevens R thinks Bush administration prosecutors are trying to smear him. I think the poor guy is cracking under the pressure.* How much longer can the White House stall A district court judge denied Harriet Miers and Joshua Bolten s request for a stay on their Congressional testimony pending the appeal of the r stanley quencher ecent decision in HJC v. Harriet Miers et al. * The new data from the Census Bureau did not go unnoticed by Obama campaign HQ. * The closer one looks at McCain s re |
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