Personal Finance Career Retirement News

Personal Finance Career Retirement News From AOL News

PG&E Executive Resigns in Wake of Calif. Pipeline Blast

SAN FRANCISCO -- Pacific Gas & Electric Corp.'s top executive is stepping down with a $35 million retirement package following a "challenging year" that included a gas pipeline explosion in a San Francisco suburb that killed eight and destroyed 38 homes, the company announced Thursday. Chairman, chief executive and...

Who's to Blame for $14 Trillion Debt? Both Parties Played Major Roles

WASHINGTON -- Two centuries after America's birth, the national debt was a bit under $1 trillion when Ronald Reagan took office in 1981. Just three decades later, it has soared above $14 trillion, and accusations of blame are flying. Both Republicans and Democrats played major roles in driving the figure sky high. If the...

Baby Boomers' Retirement Dilemma [VIDEO]

GOP Budget Plan Would Revamp Medicare, Medicaid

WASHINGTON -- House Republicans set up a politically defining clash over the size and priorities of government Tuesday, unveiling a budget plan that calls for both unprecedented spending cuts and a fundamental restructuring of taxpayer-financed health care for the elderly and the poor. The plan would slash federal...

Opinion: Wisconsin Exposes Deeper State Budget Crisis

In the wake of the recent protests in Wisconsin and now several other states, Americans are taking a much closer look at the grim budget realities facing our states today. Wisconsin Gov. Scott Walker correctly points out that his state's current budget trajectory is unsustainable. But he's not alone. The financial state...