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...union pensions at GM, Chrysler and Ford appear safe. But starting in January 2010, the union will become partially responsible for the VEBA, which now oversees and funds retiree health care. The resources devoted to the VEBA have been badly depleted by the bankruptcies at GM and Chrysler, creating doubts about how long they can sustain current benefit levels. The danger is that with thousand of union members retiring early in the past three years, the $21 billion in VEBA assets could be drained before the retirees qualify for Medicare...
Meanwhile, the CCSR voted in opposition to the adoption of universal health care reform principles by pharmaceutical company Abbott Labs...
...pass major climate and energy legislation that is going to have an impact on emissions.” One does not have to look very far into issues up for debate in Congress to recognize the boldness of this claim, in the midst of a bitter deadlock over health-care reform and the maddening twists of Senator Joseph I. Lieberman (D-Conn.) Lieberman himself would be a strong candidate for the prize of highest unintentional irony in a public statement for some of his recent comments, but for now his fellow Yale graduate Kerry has done enough. The notion that...
Still, Congress faces a heavy burden in searching every nook and cranny for ways to fund the health care reform bill's $849 billion price tag. Jim Manley, a spokesman for Senator Reid, dismisses suggestions that women are being targeted and notes that Senators are looking everywhere for ways to fund the bill. "There was a point a few weeks ago when Senator Reid needed some additional revenue for this bill - the goal was to keep all the financing within the health care arena, and in the end, he decided to include this provision in the bill," says Manley...
...coined the phrase "axis of evil" - honored his intellectual principles by standing up against the radical excesses of his party's demagogues. Let's hope that other honorable conservatives rise to join Frum and Graham in rebuilding an intellectually supple and civil, and essential, Republican Party. (No health care reform Teddys will be issued until the final vote, although Senator Ron Wyden of Oregon certainly deserves one for his bipartisan efforts over the years, the most creative work on health reform that I've seen.) (See TIME's "Making of America" cover story on Teddy Roosevelt...