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Showing posts with label breaking news. Show all posts
Showing posts with label breaking news. Show all posts

Monday, May 27, 2013

Major Health Insurers Opt Out of CA's State-Run Market


By Melanie Batley

Millions of Californians could face higher health insurance premiums next year after some of the nation's most prominent health insurers refused to sign up for California's new state-run health insurance exchange.

The move could signal a rocky road ahead for the national rollout of expanded health coverage under Obamacare.

According to The Los Angeles Times, UnitedHealth, the nation's largest private insurer, Aetna, and Cigna all are opting out of Covered California, the state insurance exchange, which announced Thursday morning the winning bidders and their proposed rates and plans for as many as 5 million people shopping for coverage next year.

The goal of the exchange is to offer individuals and small businesses a choice of private health plans similar to those that workers at large companies already receive. But with fewer insurers participating, some argue that individuals will face significantly higher premiums and fewer choices.


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Obama Is running around everything he wants to say!



President Obama is delivering a major speech today designed to fulfill a promise in his State of the Union address in January to make elements of his controversial counter-terrorism policies more transparent and accountable to Congress and the American public. Obama is also under pressure to explain how he intends to make even modest progress on other priorities that were centerpieces of foreign policy plans he made at the beginning of his first term. At the top of that list is closing the Guantanamo Bay prison, where 103 of the 166 detainees still in custody are on a hunger strike.

Wednesday, May 15, 2013

Obama: IRS Acting Commissioner Has Resigned


By Greg Richter

President Barack Obama announced Wednesday that the acting commissioner of the IRS has been asked to resign and has done so over the tax-collecting agency's recent admission it targeted conservative groups for extra scrutiny.

After reviewing the inspector general's report on Tuesday, Obama called the actions by IRS agents "inexcusable."

"The good news is, it's fixable," he said. "I'll do everything in my power to make sure nothing like this happens again."

"Americans are right to be angry about it, and I am angry about it," Obama said in a four-minute address from the East Room of the White House.

Obama said such actions would not be tolerated in any agency, "but especially in the IRS, given the power that it has and the reach that it has into all of our lives."

Treasury Secretary Jack Lew was tasked with finding out who the responsible parties are, Obama said, and on Wednesday he asked for and accepted the resignation of acting IRS Commissioner Steven Miller.

"Given the controversy surrounding this audit it's important to institute new leadership that can help restore confidence going forward," he said.


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Sunday, April 28, 2013

Monday, April 22, 2013

5 dead in shootings near Seattle



From Christine Theodorou, CNN

(CNN) -- Five people died late Sunday in shootings at an apartment complex near Seattle, including one man shot by police, authorities said.

When officers arrived at the scene in Federal Way, Washington, just south of Seattle, they could still hear gunfire, said police spokeswoman Cathy Schrock. They also saw two men lying wounded in a parking lot.

Police attempted to rescue the injured men, but one of them reached for a gun, and the officers opened fire, killing him. The second wounded man also died, Schrock told CNN affiliate KOMO.

Police then found a third body in the parking lot, as well as two more corpses inside the complex -- one man and one woman, who were in separate apartments. All of the dead were killed by gunfire, Schrock said.

No officers were injured.

Police do not know what triggered the shooting, which Schrock said was a gun battle involving the four men who died.

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