Prepare for a worry-free future

Fiscal panel’s tough advice touches Social Security, taxes, ‘sacred cows’
WASHINGTON – A White House commission unveiled a complex plan Wednesday that would lop $3.8 trillion in red ink over a decade through steep spending cuts, rolling back retirement benefits and eliminating popular tax deductions such as the one for home mortgage interest.

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F.C. Pension, Retirement Shortfall Challenges Council With Options
With available funds to fulfill pension and retirement obligations of Falls Church City and police employees dropping from 80 to 76 percent between July 2009 and last summer, the Falls Church City Council mulled options for closing that gap in the context of severe pressures on its overall City budget during its work session Mnday night. Read more…

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Solar-plan investors on brink of disaster
More than 50,000 Spanish solar entrepreneurs face financial disaster as policymakers contemplates cutting price guarantees.

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David Prosser: Pension plan is nothing more than hot air
Outlook So after all the nasties, those public sector jobs, the removal of child benefit from anyone earning top-rate tax (even if they’re not that rich) and the rest, it’s time to throw the public a bone or two. Step forward the Pensions minister, Steve Webb, with a bold (and carefully leaked) plan to bring in a flat-rate state pension of £140 for all… well, at least those with sufficient …

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