Obamacare trips on long-term care costs

Freedom New Mexico One of the significant purported cost- savings of President Barack Obama’s massive health care overhaul was supposed to be the Community Living Assistance Services and Supports program, CLASS, which was to operate like a private insurance program collecting premiums upfront to pay later for long-term care. On Friday, the Department of Health [...]

Savings savvy: Three ways to teach your kids about money

Paula Sirois This morning I implemented a new program with my kids: He or she who yells, pushes or screams has to put $1 into a jar on the shelf. At the end of the week, whoever hasn’t broken the rules gets all the cash. By this afternoon, I had already deposited $5, my son [...]

Portales past: Jan. 21, 1947

Jan. 21, 1947: The Portales Daily News: Roosevelt County individuals purchased $16,906.25 in Series E U.S. Savings Bonds in December 1946, according to the Treasury Department.

Senator seeks end to Daylight Savings Time

By Steve Terrell: The New Mexican Have you been a little sleepy or slightly disoriented since the change to Daylight Savings Time this week? If so, a state Senate leader wants to help. Senate Majority Whip Mary Jane Garcia, D-Dona Ana, on Tuesday introduced a bill to get rid of Daylight Savings Time altogether. “Daylight [...]

Savings numbers don’t match health care reality

By Tom Philpott Bush administration officials again have saddled Congress with an under-funded military health-care budget by projecting $1.2 billion in savings they know will not be realized, say critics on Capitol Hill. Part of the false savings, for a third straight year, is tied to the unlikely scenario that Congress will enact administration plans [...]

Regents approve water project

By Karl Terry: PNT managing editor A $651,520 project to upgrade Eastern New Mexico University campus water facilities and equipment with more efficient equipment would pay for itself in seven years, according to school officials. Regents gave approval to a 10-year water and utilities conservation project by Tour Andover Controls of Carrollton, Texas at their [...]

Health savings accounts best thing to come from medical cost debates

Editorial The lame-duck session of Congress that also marked the end of 12 years of Republican domination of the legislative branch ended Saturday morning with more of a whimper than a bang. Nine of the 11 “normal” appropriations bills remained unpassed, leaving the federal government to rely on “continuing appropriations” that will fund agencies at [...]

Rumsfeld: BRAC list will save money

Robert Burns: The Associated Press WASHINGTON — Defense Secretary Donald H. Rumsfeld has advised President Bush that a plan presented to the White House last week for closing 22 major military bases and realigning 33 others will yield large savings, even though fewer bases would be closed than Rumsfeld wanted, a Pentagon official said Monday. [...]

Base-closing commission takes issue with Pentagon plan

Liz Sidoti: The Associated Press WASHINGTON — A federal commission approved all but 14 percent of Defense Secretary Donald H. Rumsfeld’s recommendations for closing or consolidating U.S. military bases — but it also took issue with the Pentagon in a final report sent to President Bush. The nine-member panel said the Defense Department overestimated savings [...]