Washington Is Making It Tougher to Retire

Bloomberg -------- Americans face two big problems as they get older: a shortage of retirement savings and the skyrocketing cost of health care. Both may be about to get worse after two narrow votes in Congress this week.On Wednesday, the Senate voted 50 to 49 to undo a regulation, finalized under President Barack Obama, that makes it easier for states to launch retirement savings programs. On Thursday, themsg4'House of Representatives voted 217 to 213 to approve the American Health Care Act, or AHCA. The AARP, the nonprofit organization that advocates for Americans 50 and over, lobbied intensely against both measures and urged its 38 million members to contact their representatives about the health care bill, which AARP says imposes an "age tax" on older Americans. To learn more click on the picture below to read the article.