Congress is doing whatever it can to avoid the consequences of living under Obamacare – and they’re not alone. Fear is spreading from Capitol Hill to insurers to employers, all concerned about implementation of the new health care law and the skyrocketing costs that are expected to come with it.
With top IRS officials pleading ignorance (and the fifth) and given the evolving story from the White House, it’s worth asking: Is anyone going to take responsibility – or is this just big government in action?
It’s been a tough week – but stand strong America, we’re in this together.
In 2008, many Americans saw their retirement accounts wiped out. Now, more than four years later, the economy still hasn’t recovered, and instead of retiring, more people are “ripping up” their plans and continuing to work. So why does Washington want to punish responsible behavior by capping retirement savings?
Gretchen Hamel, executive director of Public Notice, joins MONEY with Melissa Francis on Fox Business Network to discuss how the administration needs to focus on cutting wasteful spending, rather than using scare tactics when it comes to the sequester.