Senator Reid unveiled his health care plan. Here's an early take on what it does and doesn't do.
What it does do:
Gives insurance to 31 million people. The CBO estimates that 83% of Americans receive some kind of health coverage and the Reid plan will raise that rate to 94%, or an add of about 31 million people. This does not include illegal immigrants.
Creates a ... read more
America's mass transportation infrastructure is fast becoming a national embarrassment.The latest black eye is a computer problem this morning at the FAA that is resulting in flight delays and cancellations around the country.
The glitch is resulting in pilots being unable to access their flight plans and thus forcing airlines to spend time filing those flight plans manually. The problems were ... read more
The Service Employees International Union has Goldman Sachs in its sights. Why not Fannie Mae, Freddie Mac or Congress?
The union will lead a protest Monday in front of the building that houses Goldman's Washington offices (one wonders why they aren't protesting in front of the New York office given that the DC office doesn't house many Goldman workers, but that's another matter).
read more
Be sure to catch the latest in our American Icon series. All day Monday I will be broadcasting from one of the oldest and most well known companies in America. It's a company that has paid -- without cutting -- a dividend for 111 years, is consistently ranked as a top place to work and whose products are known to everyone. Here's a hint: its based in the city that has more theater ... read more
Revisiting a graphic I've previously posted.
While the increased monetary base may not be the only reason stocks are higher recently, it is difficult to look at a chart like this and not make assumptions that all the money sloshing around the system has at least some impact on stock prices over time.
The question is what happens to stocks when the Fed begins to remove much of this from the ... read more
Interesting report on teen obesity.
This is the line that caught my eye, citing Virginia Tech professor of diet and nutrition Judith Rankin:
Rankin points out that even small changes in a person's energy balance can have a significant effect on weight. Studies have shown that eating just 10 to 20 extra calories ... read more
Brian Sullivan joined FOX Business Network (FBN) in April 2008 as an anchor. He co-anchors the 10am-12pm ET hours of the FOX Business block.
Prior to joining FBN, Sullivan served as an anchor for Bloomberg Television where he hosted the programs Morning Call and In Focus.
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November 20, 2009 06:20 AM EST
Reid's Plan: Higher Taxes, More Coverage, Plan Jumping & A "Gift" To Louisiana
Senator Reid unveiled his health care plan. Here's an early take on what it does and doesn't do. What it does do: Gives insurance to 31 million people. The CBO estimates that 83% of Americans receive some kind of health coverage and the Reid plan will raise that rate to 94%, or an add of about 31 million people. This does not include illegal immigrants. Creates a ... read more
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