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Some 55 million Social Security recipients will get a 3.6 percent increase in benefits next year, their first raise since 2009, the government announced Wednesday.

Stocks jumped in late afternoon trading on reports that France and Germany have agreed to boost a rescue fund as part of an effort to stem the European debt crisis.

The rise and fall of the Class Act, a key component of the Patient Protection and Affordable Care Act, not only represents a microcosm of the reform law as a whole, but the administration's broader political strategy for a lack of better word.

Social Security recipients will get a raise in January their first increase in benefits since 2009.

President Barack Obama appealed anew Tuesday for Americans to put pressure on Republican members of Congress to support his jobs legislation, declaring that "we are in this together."

The White House appeared to waffle Monday on the fate of a financially troubled long-term care program in President Barack Obama's health overhaul law, as supporters and foes heaped criticism on the administration.