Archive: Money Culture

In December, North Carolina will become the 40th state to expand its Medicaid program, providing health insurance coverage to some 300,000 more low-income workers, many of them for the first time. It has taken the states a decade to reach that milestone, despite generous funding from the federal government under the Affordable Care Act (ACA)…

Once a year, Social Security reports on the program’s financial outlook but the bottom line doesn’t change: the reserve in the trust fund is running out of money. Many workers and retirees go straight to the inaccurate worst-case scenario: retirement benefits will cease when the reserve is depleted. In fact, if Congress doesn’t address t…