Posts Tagged Government business and finance

House, Senate chairs offer competing bills on VA

Sen. Bernie Sanders, I-Vt., right, with Sen. Richard Blumenthal, D-Conn., speaks during a news conference on Capitol Hill in Washington, Thursday, July 24, 2014, on the Veterans Administration. The chairmen of the House and Senate Veterans Affairs committees offered competing new proposals to fix a veterans health care program scandalized by long waits and falsified records covering up the delays. (AP Photo)

WASHINGTON (AP) — With Congress scheduled to recess in a week, the chairmen of the House and Senate Veterans Affairs committees offered competing proposals Thursday to fix a veterans’ health care program scandalized by long patient wait times and falsified records covering up the delays.

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US stock futures rise as investors weigh earnings

The New York Stock Exchange is shown, in this Aug. 9, 2011 file photo taken in New York. World shares were rattled Thursday July 24, 2014 by reports the European Union is weighing stiffer financial sanctions against Russia.  .(AP Photo/Mark Lennihan, File)

NEW YORK (AP) — Stocks were unable to hold their earlier gains as trading wound down Thursday. Investors reacted to quarterly results from companies across several industries, including Facebook, Ford and Caterpillar.

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Texas governor’s startup fund is not all it seems

Texas Gov. Rick Perry talks to the media before speaking to a meeting of local party activists, in this July 19, 2014 file photo taken in Algona, Iowa. Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation’s second most-populous state. An Associated Press review of the program found that one of the companies actually operates in California. Some have stagnated trying to find more capital. A few have even forfeited their right to do business in Texas by not filing tax reports. (AP Photo/Charlie Neibergall, File)

AUSTIN, Texas (AP) — Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation’s second most-populous state.

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Varying health premium subsidies worry consumers

In this March 31, 2014 file photo, people sign up for the Affordable Care Act at Swope Health Services, in Kansas City, Mo. The Associated Press interviewed insurance agents, health counselors and attorneys around the country who said they received varying subsidy amounts for the same consumers. (AP Photo/Charlie Riedel, File)

MIAMI (AP) — Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law. But in the process of signing up for a plan, Close said her HealthCare.gov account showed several different subsidy amounts, varying as much as $180 per month.

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Social Security’s $300M IT project doesn’t work

This Friday, Jan. 11, 2013 file photo, shows the Social Security Administration's main campus is seen in Woodlawn, Md. Six years ago the Social Security Administration embarked on an aggressive plan to replace outdated computer systems overwhelmed by a growing flood of disability claims. Nearly $300 million later, the new system is nowhere near ready and agency officials are struggling to salvage a project racked by delays and mismanagement. (AP Photo/Patrick Semansky, File)

WASHINGTON (AP) — After spending nearly $300 million on a new computer system to handle disability claims, the Social Security Administration still can’t get it to work. And officials can’t say when it will.

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