The IRS has agreed to release 115 million dollars in Medicaid fraud settlement money to the Commonwealth just hours after Virginia Attorney General Ken Cuccinelli accused the agency of holding out on the 125 million owed to the state.
This comes at a time when the IRS is under scrutiny for its spending and other questionable practices, but the Attorney General says that's just a coincidence. And as Virginia Public Radio’s Tommie McNeil reports, after months of trying to get the agency to ante up, he spoke about the problem through the media in the hope of getting a response.
Virginia's Attorney General Ken Cuccinelli is accusing the IRS of refusing to release $125-million in settlement funds to Virginia. It comes at a time when the IRS is under scrutiny for its spending and other questionable practices, but the Attorney General says that's just a coincidence.
President Obama's new budget has of course sparked a battle on Capitol Hill.
We know Republicans aren’t happy with the president’s newly unveiled budget, but neither are some Virginia Democrats.
In his budget the President is embracing a new way to tie Social Security payments to the rate of inflation. It’s called the “Chained CPI” but let’s get past the Washington jargon. What it amounts to is less money in those Social Security checks for future generations of seniors.
A large contingent of Virginians says it will pressure congressional representatives to vote against a proposal by the Obama administration that cuts into Social Security benefits.
The AARP is part of the group that says the "Chained CPI" proposal breaks the promise made to millions of Americans.
While the Consumer Price Index calculates inflation through the costs of basic goods, the Chained CPI factors in lower demand and the substitutions that consumers make when costs are higher. Thus, it lowers cost-of-living adjustments for inflation.
Just after presumptive Democratic gubernatorial candidate Terry McAuliffe made a statement about his desire to implement Medicaid expansion, Governor McDonnell and McAuliffe's GOP opponent have responded.
McAuliffe would like to see Medicaid expanded as soon as possible. "I have consistently said that we need to have the Medicaid expansion here in Virginia. First and foremost it would cover 400,000 - 500,000 Virginians--would get access to quality healthcare next year. It's important socially, morally, it's the right thing to do," he said.