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  2. History of Federal Open Market Committee actions - Wikipedia

    en.wikipedia.org/wiki/History_of_Federal_Open...

    The FOMC left rates unchanged the day after the Bankruptcy of Lehman Brothers. Official Statement: August 5, 2008 2.00% 2.25% 10–1 The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent. Official statement: April 30, 2008 2.00% 2.25% 8–2 The FOMC cut rates by 25 basis points.

  3. Omnibus Budget Reconciliation Act of 1993 - Wikipedia

    en.wikipedia.org/wiki/Omnibus_Budget...

    The AMT tax rate was increased from 24% to tiered rates of 26% and 28%. [4] Part IV Section 14131: Expansion of the Earned Income Tax Credit and added inflation adjustments. $255 billion in spending cuts over a five-year period; much of the cuts affected Medicare or the military. [5]

  4. United States House Committee on Ways and Means - Wikipedia

    en.wikipedia.org/wiki/United_States_House...

    The Committee on Ways and Means is the chief tax-writing committee of the United States House of Representatives.The committee has jurisdiction over all taxation, tariffs, and other revenue-raising measures, as well as a number of other programs including Social Security, unemployment benefits, Medicare, the enforcement of child support laws, Temporary Assistance for Needy Families, foster ...

  5. What is the Federal Open Market Committee (FOMC)? Meet the ...

    www.aol.com/finance/federal-open-market...

    The FOMC is made up of 12 members: the seven board of governors, the president of the regional New York Fed and four other Reserve Bank presidents located throughout the country.

  6. House committee passes bill that would allow Medicare to ...

    www.aol.com/news/house-committee-passes-bill...

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  7. How new faces on a key Fed committee could change the ...

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    Fed Chairman Jerome Powell answers a question at a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in ...

  8. Medicare (United States) - Wikipedia

    en.wikipedia.org/wiki/Medicare_(United_States)

    Lyndon B. Johnson signing the Medicare amendment (July 30, 1965). Former president Harry S. Truman (seated) and his wife, Bess, are on the far right.. Originally, the name "Medicare" in the United States referred to a program providing medical care for families of people serving in the military as part of the Dependents' Medical Care Act, which was passed in 1956. [6]

  9. What’s the difference between Medicare Plan N and Plan F? - AOL

    www.aol.com/difference-between-medicare-plan-n...

    However, Plan N does not cover the Medicare Part B deductible or excess charges that Plan F does. In 2020, rules changed, and Medicare supplemental plans can no longer cover the Part B deductible.