Social Security

Critics say the new law is unnecessary. They suspect China's state pension fund is running low on money and the government is passing the buck.

Nursing homes can run around $100,000 a year, and many aging boomers will not have the money.

Social Security trust funds will dry up in 2033. So what does this mean for the chronically unworried, like say, Alfred E. Neuman of Mad Magazine fame? He will turn 59 in November -- seven years shy of retirement age.

Current recipients have different reactions. Some scholars say basing the amount of payments on need could make the program less popular.

Obama's proposal to recalculate the rate of inflation hurts seniors who spend more on health care than the rest of us.

Glenn Hubbard, former Chair of the White House Economic Council of Advisers under President George W. Bush, discusses the entitlement reform, the economic recovery, and taxes.

President Obama's new budget proposal -- which will be formally unveiled next week -- includes a move to slow payments to Social Security.

As the budget battle to cut entitlements heats up, some argue that raising the retirement age will force the poor to subsidize the rich because the rich live longer.

The nation's largest retailer may see slump in February sales figures.

The short-term stimulus plan had pumped billions into the economy.