As if he's not getting enough heat from Democratic opposition on his plan to overhaul the Social Security program, President Bush has now come under fire from leaders of the NAACP, who accuse the nation's chief executive of "playing the race card." Both NAACP chairman Julian Bond and official Dennis Courtland Hayes criticized Bush's rationale for having blacks support Social Security reform due to their shorter life expectancy, claiming that his statements in fact address major issues in health care. "Rather than playing the race card to set Americans against Americans, we urge the administration to address the long-term problems the system faces now," said Bond. "Recognizing the shorter life expectancy of people of color is commendable, but placing them further at risk is no solution." Bond made the remarks at a news conference, which was a prelude to an effort to defeat Bush's Social Security plan.
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Bill announced the launch of its new Supplier Payments Plus, an AR solution to help suppliers receive and process large numbers of payments from small and medium-sized businesses.
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Abbott, Stringham & Lynch launched a talent hub in Hyderabad, India, called ASL Global Advisors Private Limited on June 23.
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Politics are playing an outsize role in portfolio management. Here's how experts see the fixed-income sector changing under the pending One Big Beautiful Bill Act.
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The Senate made adjustments to preserve the state and local tax deduction for pass-through entities such as accounting firms.
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Senate Republicans appear to be making progress in resolving differences with House Republicans in the state and local tax deduction and other matters.
June 27 -
ICPAS bestows 2025 Lifetime Achievement Award; UHY appoints first chief growth officer; and more news from across the profession.
June 27