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.

Acquisition reform plays key role in cost savings

WASHINGTON — Defense Department officials have the opportunity to save billions of taxpayer dollars through acquisitions reform, but only if they grow their workforce with the right federal workers in place to oversee contracts, a senior Pentagon official said July 15. “There is a significant opportunity to save billions of dollars, but only if we […]

Savings bonds deductions moving to direct deposit

American Forces Press Service RANDOLPH AIR FORCE BASE, Texas — Airmen and Department of Defense civilians will use a new way to purchase savings bonds beginning Sept. 30 as part of the Department of Treasury’s cost-effective plan to issue savings bonds electronically. Instead of payroll deductions, savings bonds will be available through a direct-deposit deduction […]

2010 Thrift Savings Plan contributions remain at 2009 limits

American Forces Press Service RANDOLPH AIR FORCE BASE, Texas — The Federal Retirement Thrift Investment Board here announced Dec. 11 the 2010 elective deferral limit for regular Thrift Savings Plan contributions will remain at $16,500, unchanged from 2009. Contributions for the TSP catch-up plan also remains at the $5,500 limit set in 2009. “TSP is […]

Thrift Savings Plan options available to Airmen

By by Airman 1st Class Staci Miller: 52nd Fighter Wing Public Affairs SPANGDAHLEM AIR BASE, Germany — The Thrift Savings Plan is a government-managed, 401k-type payroll-deduction program designed to provide tax-deferred retirement plan for servicemembers and federal civilian employees. Military members can contribute any whole percentage of basic pay, as long as the annual total […]

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 […]

Mileage standards could be much better

By Kevin Wilson: PNT Managing Editor When I took a look at the CNN Web site on Tuesday morning, I couldn’t help but give a slight amount of approval to the Bush administration, or at least the first sentence of the story I uploaded. “The Bush administration announced new fuel economy rules Tuesday that require […]

Cannon supporters unfazed by GAO report

By Marlena Hartz A report recently submitted to the Base Realignment and Closure Commission provides a peek into the 2005 Department of Defense BRAC process. The in-depth analysis, however, left local base supporters generally unfazed. Ret. Brig. Gen. Hanson Scott said the report, generated by the U.S. Government Accountability Office, reflects information previously presented at […]

Sept. 19 Elida School News

Book fair this week The Elida Elementary School will sponsor the Scholastic Book Fair Monday through Thursday. The fair will be open every day from noon to 4 p.m. The books will be located in the elementary foyer. The proceeds will go to the elementary PTO.   Teacher promotes essay contest Vigo Torske, the high […]

School looks to cut energy bills

By Tony Parra Portales public officials are implementing an energy conservation program in hopes of saving thousands of dollars each year on energy costs. Portales school officials went into a four-year agreement with Energy Education, Inc. last week. Portales Schools Superintendent James Holloway said the school district does not have to pay any money up […]

IGA could see changes

Tony Parra People expecting to buy their groceries from Hinton’s IGA this weekend instead found it was closed. The glass windows were decorated with signs which read, “Closed for remodeling. Look for our grand opening.” Other signs said to go to C.J.’s Pillbox for prescriptions and to take a list of prescription numbers or empty […]