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AARP CEO A. Barry Rand called for renewed focus on strengthening Social Security, Medicare and Medicaid in a speech today at the National Press Club. Rand discussed findings from AARP Public Policy Institute's newly released "Middle Class Security Project," which studies how middle class working
In the media
The aftermath of Hurricane Sandy raises tough questions about the strength of New York City’s infrastructure, and the stability of its waterfront. Governor Cuomo’s commission on storm prevention recently issued recommendations for future damage control, which include sea barriers along the coast
Blog
Ilana Novick
Adrift on a sea of red ink, more middle class Americans are feeling queasy about their retirement plans. And many of those struggling to save have very little time to right the ship.
In the media
Eleanor Laise
Older Americans rely on credit cards as their financial safety net and pay down less of their debt than younger consumers, a new study shows. Last year, the low- and middle-income 50-plus population had an average credit card balance of $8,278, compared with the younger generation's balance of $6
In the media
Christine Dugas
Tonight on NBC Nightly News, Chris Jansing reports on a new study that shows Americans age 50 and older are carrying an average of $8278 in credit card debt, thousands more than younger people. In addition, nearly 18 percent of those nearing retirement said they are using their retirement funds to
In the media
Chris Jansing
AARP announced a major policy and research initiative Tuesday drawing attention to the economic decline of the American middle class. In the run-up to what will surely be a bruising Congressional battle over Medicare, Medicaid, Social Security, and other federal benefit programs, the powerful
In the media
PHILIP MOELLER
The head of AARP warned Tuesday that cost-of-living adjustments in Social Security would jeopardize the retirement security of many seniors. A. Barry Rand, in a speech at the National Press Club, laid out his group's agenda as Washington heads into another showdown over the debt ceiling. Rand
In the media
Elise Viebeck
This is not a good idea. The New York Times is shutting down its environment desk. The justification for closing the desk is that the environmental beat is no longer siloed.
Blog
J. Mijin Cha
In his State of the State yesterday, New York Governor Andrew Cuomo laid out his plan to make the state a clean tech leader. Cuomo proposed extending a program to increase solar panel installations for homes and businesses and investing in an electric car network with statewide charging stations and
Blog
J. Mijin Cha
Back in the spring, we pointed out that the previous 12 months from May 2011 - April 2012 was the hottest on record. Then, in July, we highlighted how over 3,000 temperature records had been broken within the first 10 days of the month.
Blog
J. Mijin Cha