Wednesday, December 1, 2010

Space Coast Alliance of Retired Americans

Party time, party favors

www.ocala.com/article/20101130/OPINION/101139970/1008/OPINION?Title=Editorial-Pa...
It is there where the scenario becomes troublesome. Scott, who told us his election was "the end of politics as usual in Tallahassee," has set a $25,000 maximum on those donations. Governor Charlie Crist, who cancelled his ball as a gesture to acknowledge high insurance and property tax bills being paid by Floridians, limited donations for his inauguration at $10,000, the same as Jeb Bush four years earlier. Bush's predecessor, Democrat Lawton Chiles, put a $100 cap on inauguration donations

Food Safety Bill Passes the Senate

www.opencongress.org/articles/view/2116-Food-Safety-Bill-Passes-the-Senate?utm_s...
By a bipartisan vote of 73-25, the FDA Food Safety Modernization Act has passed the Senate. The bill now goes to the House of Representatives, which is expected to pass it, rather than convene a conference committee, and then send it to Obama to be signed into law before the end of the lame duck session

US Labor Department proposes rule to enhance target date retirement fund disclosures

www.dol.gov/ebsa/newsroom/2010/10-1658-NAT.html
The U.S. Department of Labor's Employee Benefits Security Administration today announced a proposed rule that will help America's workers better understand target date retirement funds and other similar investments offered in 401(k)-type pension plans. The proposed rule would amend the "qualified default investment alternative regulation" and the "participant-level disclosure regulation" to enhance and provide more specificity regarding the information that must be disclosed to participants and beneficiaries concerning investments in target date funds.

Obama Debt Commission Still Lacks Votes as Time Runs out

www.nytimes.com/2010/12/01/us/politics/01obama.html?nl=todaysheadlines&emc=a2
The chairmen of the commission — former Senator Alan K. Simpson, a Republican, and Erskine B. Bowles, a Democrat and former chief of staff to President Bill Clinton — delayed for two days, until Friday, a final vote by its 18 members

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