An Apple executive admitted the show has been harder than they thought. At MacWorld in San Francisco, I'm Peter Jon Schuler for Marketplace. President Clinton didn't have much luck overhauling the nation's healthcare system but he can still tinker around the edges, today he outlined a plan to expand Medicare to cover people age 62 to 64. The president also proposed some coverage for people over 55 who are laid off. Clinton says the program won't endanger the already shaky Medicare Trust Fund because new participants would have to pay for the coverage.
Republicans are skeptical, however.
There's word today from Visa that personal bankruptcy filings in the U.S. rose to an all-time high of 1.3 million last year, despite the strong economy. Visa says an increasing number of consumers who could pay off their debts are seeking bankruptcy protection instead. Visa's among a number of creditor organizations urging Congress to make it harder for people to declare personal bankruptcy. Bankruptcy experts say, however, that tightening bankruptcy laws wouldn't guarantee that companies like Visa would get their money. And in Indonesia today, President Suharto announced a budget he hopes will lead his country out of economic turmoil.