Tag: federal-program
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Medicare program spending within target rate: trustees
The U.S. federal program that pays elderly Americans’ hospital bills will exhaust its reserves in 2028, two years sooner than last year’s estimate, trustees of the program said on Wednesday, but spending growth remained within forecasts. The Medicare program, which provides health coverage for more than 55 million older as well as disabled people, said…
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Volkswagen owners close ranks as investors vent fury over crisis
By Andreas Cremer HANOVER, Germany (Reuters) – Volkswagen's top shareholders closed ranks behind management on Wednesday, defying a torrent of criticism from smaller investors about the German carmaker's emissions test cheating and its response to the scandal. Europe's largest automaker was holding its first annual shareholder meeting since admitting in September to rigging U.S. diesel…