Originally published on Mon April 23, 2012 3:37 pm
The trustees in charge of nation's Social Security program said a sagging economy has hit the program hard. The program's trust fund, which goes mostly to retirees, said the trustees, will run dry by 2033.
The AP reports "Medicare's finances have stabilized but the program's hospital insurance fund is still projected to run out of money in 2024."
It'll take just a few seconds to find out if you're likely to fall in love with Jolie Holland. That's what happened to me about eight years ago: Holland was a founding member of The Be Good Tanyas, and I've been listening faithfully to the Texas-born, Brooklyn-based singer ever since.
The AP analyzed government data and came up with this stunning figure: "Half of young college graduates [are] either jobless or underemployed in positions that don't fully use their skills and knowledge."
The whole story is worth a read, so we encourage you to click over, but here is the meat of the AP's analysis:
President Obama announced a set of new sanctions that target "Syria and Iran and the 'digital guns for hire' who help them oppress their people with surveillance software and monitoring technology," the AFP reports.
The president made the announcement during a visit to the Holocaust Memorial Museum in Washington. His visit was the first as president.