Broker Regulation

Key elements of the $447 billion jobs package that President Barack Obama unveiled Thursday to a joint session of Congress.

Wasting no time, President Barack Obama is pitching to the public his $447 billion jobs program of tax cuts and new spending after bluntly telling Congress to "stop the political circus" and fix the economy.

According to the Centers for Medicare & Medicaid Services, more seniors and disabled Americans on Medicare are experiencing lower costs through discounts on brand-name drugs in the Medicare Part D coverage gap as well as free preventive care.

President Barack Obama is doubling down on a payroll tax cut for workers and small businesses, hoping it will do more to revive the job market than a smaller version has done this year.

The federal health care overhaul survived two lawsuits dismissed Thursday on technicalities, leaving President Barack Obama's signature initiative headed toward a final resolution in the U.S. Supreme Court as early as next year.

Officials tell The Associated Press that President Barack Obama will ask Congress in his prime-time speech to deepen existing payroll tax cuts for workers as part of a jobs program that totals nearly $450 billion.

Some employers were surprised to learn the subsidy was coming to an end so soon. Given all of the political posturing and the poor economic environment, those employers could have been under the impression that the subsidy was available for the full 18 months.

The ERISA Industry Committee (ERIC) an employer group is asking the Internal Revenue Service (IRS) to make administration of the new comparative effectiveness research fee as simple as possible.