IMF money for Greece contingent on debt buy back
WASHINGTON - The International Monetary Fund will not disburse Greece's next bailout tranche until the country completes a voluntary buy back of its debt, an IMF spokesman said on Thursday.
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Reuters
Medicare: Is it really the 'third rail' of politics?
Thursday, October 4, 2012 - 13:05 David McNew/Getty Images Buttons promoting Medicare for all ages are seen as nurses and physicians give free basic health screenings in Los Angeles, Calif. President Obama and Mitt Romney have both talked about the need to reform Medicare, but the health care program has been referred to as one of the “third rails” of American politics. Touch it, conventional wisdom goes, and your political career is toast. But it turns out some changes have been met with relatively few sparks. It all depends on the kind of change and whom it targets. Medicare became law in 1965. At the time, more than half of seniors had little or no access to health care, and private insurers considered the elderly too risky to cover. It was a compromise. Democrats were able to extend the social safety net to a vulnerable population, and Republicans were satisfied Medicare wouldn’t lead to “socialized medicine” – something doctors feared. Members of the American Medical Association ...
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IMF open to negotiating terms of Greece's bailout
WASHINGTON -- The International Monetary Fund is open to adjusting the terms of a Greek bailout and will send a team to Greece next week to meet with the new government....
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