spending Archives - DR News - News, Retirement, Finance

Marketing Spending Outpaced R&D in Medicare Negotiations by Drugmakers, Report Shows

Washington, DC – A recent report has shed light on the spending practices of drugmakers involved in Medicare negotiations last year, revealing a startling trend. According to the report, these companies allocated more funds towards shareholder payments and marketing efforts than they did towards research and development. The findings highlight a concerning discrepancy in priorities, raising questions about the motivations driving these financial decisions. With the increasing focus on healthcare costs and accessibility, the revelation …

Warning: Jessica Simpson Urges Britney Spears to Cut Back on $$$ Vacation Spending

Los Angeles, CA – Singer Jessica Simpson issues a financial warning to fellow pop star Britney Spears, advising her to “cool it on vacays” to avoid overspending and depleting her finances. Simpson shared her cautionary advice while leaving LAX and emphasized the dangers of indulging in extravagant vacations without financial prudence. Acknowledging her own penchant for lavish getaways, Simpson highlighted the importance of being mindful of expenses, especially when not supported by external financial resources. …

Health Care Spending Soars Nearly 19% Over 5-Year Period

WASHINGTON, DC – A recent report from the Health Care Cost Institute (HCCI) reveals a significant increase in healthcare spending from 2018 to 2022. Despite fluctuations in 2020 and 2021, the report shows a nearly 19% increase in spending over the five-year period, with average out-of-pocket spending surpassing $860 for individuals with employer-sponsored insurance. The annual Health Care Cost and Utilization Report (HCCUR) by HCCI highlights a 14% rise in average prices and a 4% …

Hospital Spending Oversight Bill Faces Opposition from Health Care Groups in Delaware

Dover, Delaware – Health care groups in Delaware are facing a challenge with a newly proposed bill that aims to establish a state board overseeing hospital spending in an effort to tackle the rising costs of health care. House Substitute 1 for House Bill 350 is looking to create the Diamond State Hospital Cost Review Board, which would be tasked with reviewing and approving annual hospital budgets starting from 2026. Under the proposed bill, hospitals …

Senate Approves $1.2tn Spending Package to Avoid Government Shutdown

Washington, D.C. – The US Senate has reached an agreement on a $1.2 trillion spending package that will keep the government funded through September, narrowly avoiding a shutdown just before a midnight deadline. While the Senate continues to vote on various amendments, the agreement ensures that key government departments will receive funding without any interruptions. The bill, set to be signed by President Joe Biden on Saturday, marks a significant bipartisan effort to provide stability …

Government Shutdown Looms as Senate Delays Spending Bill Vote

Washington, D.C. – As the deadline for a government shutdown looms closer, Senate Republicans are slowing down the passage of a spending bill, leading to fears of a potential partial shutdown at midnight. This move comes after the House passed a $1.2 trillion spending bill in an attempt to prevent such an outcome. The Senate’s failure to pass the spending bill has led to uncertainty and frustration among lawmakers on both sides of the aisle. …

Discover the Non-financial Aspects of Retirement Planning

After working five days a week for most of your life, entering retirement can be a shock. Suddenly, you go from a set schedule to days free to do whatever you want. This transition may be difficult for many people who are dedicated and defined by their jobs. For some, retirement can last decades, and no matter where you are in preparing for your golden years, it’s never too early to start planning for the …

Entitlements: Donald Trump Rambles About Social Programs and Government Spending

Washington, DC – Former President Donald Trump made an appearance on a CNBC show to discuss government spending, particularly focusing on the allocation of funds to social programs. During the interview with host Joe Kernen, Trump was asked about his stance on entitlement programs such as Social Security, Medicare, and Medicaid. Trump’s response was characterized by agreement with Kernen, although his answer was described as long and convoluted, making it challenging for the host to …

Social Security and Medicare Spending Cuts Proposed by Trump Prompt Strong Reactions from Biden and Voters

Washington, DC – Former President Donald Trump recently hinted at the possibility of making cuts to spending on Social Security and Medicare, a move that sparked immediate backlash from President Joe Biden and highlighted a pivotal policy issue for the upcoming 2024 election. In a phone call with CNBC’s “Squawk Box,” Trump discussed the challenges of ensuring the long-term solvency of these crucial entitlement programs. While Trump did not delve into specifics about how exactly …

Political Spending Influence Reduction is a Top Priority for American Voters Ahead of 2024 Election Cycle

Des Moines, Iowa – As the United States braces for what could be the most expensive election cycle in history, a recent report by the Pew Research Center reveals that a significant number of Americans view reducing the influence of political spending as a key priority. Surpassing issues like healthcare costs and immigration, nearly two-thirds of Americans surveyed highlighted the importance of decreasing the role of money in politics. The sentiment towards curbing political spending …