News June 22
Senator Sanders
Single-Payer ”In an ideal world, a single-payer system like they have in Europe or
International
Revolutionary Guard Threatens Tehran Protesters Iran's Revolutionary Guard threatened to crush any further opposition
protests over the disputed presidential election and warned
demonstrators to prepare for a "revolutionary confrontation" if they
take to the streets again. The warning was issued despite an admission
by Iran’s most senior panel of election monitors that the number of
votes cast in 50 cities exceeded the actual number of voters, according
to a state television report, The New York Times reported. LINK
National
Obama to Sign Anti-Smoking Bill President Barack Obama is set to sign into law an anti-smoking bill
that will give the Food and Drug Administration unprecedented authority
to regulate tobacco. Obama is scheduled to sign the Family Smoking
Prevention and Tobacco Control Act during an event Monday in the Rose
Garden, AP reported. LINK
Health Care Public Option Emboldened
by polls that show public backing for a government health insurance
plan, Democrats are moving to make it a politically defining issue in
the debate over the future of medical care. Behind-the-scenes attempts
to get a deal with Republicans on nonprofit co-ops as an alternative to
a public plan have led only to frustration, complains a key Democrat.
He and his colleagues may have to go it alone, Sen. Chuck Schumer told AP. LINK
AARP to Endorse Drug Price Cuts AARP, the nation's largest seniors lobby, will give its blessing today to an offer by drug manufacturers to contribute $80 billion over the next decade to reduce the cost of comprehensive health reform, in part by discounting the price of Medicare prescriptions. Barry Rand, chief executive of AARP, will join President Obama at the White House to announce the endorsement, according to The Washington Post. LINK
Health Care Costs Americans
are struggling to pay for healthcare in the ongoing recession, with a
quarter saying they have had trouble in the past 12 months, according
to a survey released on Monday. Baby boomers -- the generation born
between 1946 and 1964 -- had the most trouble and were the most likely
to put off medical treatments or services, said researchers at Center
for Healthcare Improvement. The study found that 17.4 percent of
households reported postponing or delaying healthcare over the past
year, Reuters reported. LINK
Numbers On Welfare See Sharp Increase Welfare rolls are climbing across the country for the first time since
President Bill Clinton signed legislation pledging "to end welfare as
we know it" more than a decade ago. Twenty-three of the 30 largest
states see welfare caseloads above year-ago levels, according to a
survey conducted by The Wall Street Journal and the
National Conference of State Legislatures. As more people run out of
unemployment compensation, many are turning to welfare as a stopgap. LINK
Stimulus Funds Going Key Lawmaker Districts Most of the $2.2 billion in economic stimulus money for Army Corps of
Engineers construction projects will be spent in the home districts of
members of Congress who oversee the corps' funding, a USA Today analysis found. Two-thirds of the money will be spent in states or
districts represented by members of the House and Senate appropriations
subcommittees that direct how the Corps of Engineers spends its money,
the analysis found. LINK
Mayors Complain About Stimulus President Obama is facing complaints from big-city mayors and county politicians that parts of the economic stimulus package are shortchanging their constituents, the Los Angeles Times reported. Vice President Biden has been holding private conference calls on the stimulus with elected officials from around the country, some of whom have been telling him that metropolitan regions are losing out to rural areas in the competition for stimulus money. LINK
Bank Pay Wall
Street names that have been among the most buffeted in recent months –
Merrill Lynch, UBS and Citigroup – are hiking pay for their top
investment bankers in an attempt to stop an exodus of talent. In spite
of the troubled environment, market rates for bankers have been running
close to the boom-time highs of two years ago. “In some cases we’ve
been paying up to 80 per cent of 2007,” admitted one senior executive
at an expanding bank, according to the Financial Times. LINK
Wet and Cool Sunday marked the first day of summer but the rain and cool temperatures could have many fooled. The Burlington Free Press says June has been 3.2 degrees cooler and has had 1.13 more inches of rain than normal, according to National Weather Service data. LINK
