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12 Jan 2009 12:12

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Biz, U.S.: Oh wait! Obama wants me to release those bailout funds!

  • $350 billion was just signed off on by Bush source

12 Jan 2009 11:45

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U.S.: I’m outta here! This is on that Obama guy’s watch now.

  • I don’t intend to make the request unless he specifically asks me to make it.
  • George W. Bush • on the release of $350 billion in Troubled Asset Relief Program funds. If the money were to be released today, it wouldn’t be available until after Obama takes office. Obama has yet to request the money. • source

09 Jan 2009 14:22

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U.S.: COBRA insurance on unemployment: Is it worth it?

  • One group says no Families USA, a non-profit health consumer group, blasted the Consolidated Omnibus Budget Reconciliation Act of 1985, which provides health care to the unemployed, but at a significant cost. source
  • One group says no Families USA, a non-profit health consumer group, blasted the Consolidated Omnibus Budget Reconciliation Act of 1985, which provides health care to the unemployed, but at a significant cost.
  • The breakdown About 18-26 percent of people with COBRA available as an option use it, according to a report published by the group. Many are stuck with the expensive insurance because most healthcare providers won’t cover pre-existing conditions. source
  • One group says no Families USA, a non-profit health consumer group, blasted the Consolidated Omnibus Budget Reconciliation Act of 1985, which provides health care to the unemployed, but at a significant cost.
  • The breakdown About 18-26 percent of people with COBRA available as an option use it, according to a report published by the group. Many are stuck with the expensive insurance because most healthcare providers won’t cover pre-existing conditions.
  • A passionate attack “The right to COBRA health coverage is a tragic ruse for millions of families whose breadwinner was laid off,” says the group’s executive director, Ron Pollack. With a rising unemployment number, he notes, many more people will be faced with the undesirable dilemma of using COBRA. source

07 Jan 2009 10:59

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U.S.: Two more big, scary financial statistics

  • $5.7 trillion the U.S. debt when George W. Bush took office source

07 Jan 2009 10:55

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U.S.: The day’s big, scary financial statistic

  • $1.2 trillion U.S. budget deficit in fiscal 2009 source