Originally published on Fri December 14, 2012 6:51 am
In an interview with David Greene, outgoing Securities and Exchange Commission Chairman Mary Schapiro reflects on her tenure at the agency, and the disappointment that she wasn't able to overhaul money market funds. She leaves the job on Friday.
This monitor screen image shows a graphic of the orbit of the satellite carried by the Unha-3 rocket, which North Korea launched this week. The image is from the Korean Central News Agency, distributed in Tokyo by the Korea News Service.
Rep. Henry Waxman, D-Calif., speaks Tuesday at a news conference calling for no reduction in the Medicare and Medicaid budgets, as part of the year-end budget talks on Capitol Hill in Washington. Waxman said he does not support means testing for Medicare.
When it comes to reducing Medicare spending, asking wealthier seniors to pay more is one of the few areas where Democrats have shown a willingness to even consider the subject.
"I do believe there should be means testing. And those of us with higher income in retirement should pay more," said Sen. Dick Durbin, D-Ill., on last Sunday's Meet the Press. "That could be part of the solution."