The percentage of American workers who said they have minimal retirement savings grew for the third consecutive year, according to the Employee Benefit Research Institute’s (EBRI) annual Retirement Confidence Survey released on Tuesday.
In 2010, a total of 43 percent of the workforce reported that they have less than $10,000 in their savings account, up from 39 percent in 2009, according to CNN Money. Respondents who said that they had less than $1,000 also rose, jumping from 20 percent last year to 27 percent in the current survey.
Furthermore, the percentage of workers who said that they were confident in their ability to save enough money to comfortably retire fell to 16 percent, the second lowest rating in the 20-year history of the reports.
"People just don’t want to think about [saving for retirement]," said Jack VanDerhei, EBRI’s research director and co-author of the survey. "Everybody thinks they’re too young to think about it, until suddenly they’re too old to do anything about it."
VanDerhei noted that the national decline of savings is attributable to mortgage problems, job losses and the suspension of many company-matched 401(k) programs in 2009. 
Tuesday was the first day that same-sex couples were allowed to marry in Washington, D.C., and opponents of the new law are already vowing to fight to overturn it. 
Two former voter registration employees of the Association of Community Organizers for Reform Now (ACORN) were among five Wisconsin residents charged March 8 with fraud relating to the 2008 presidential election. 
In a potential reversal, advisors to President Obama are close to recommending that self-professed 9/11 mastermind Khalid Sheik Mohammed and four other co-conspirators be prosecuted in a military tribunal rather than in a civilian court in New York City, The Washington Post reported on Friday. 
Even though most media commentators claim that the economy is turning around, the National Inflation Association (NIA) has said growing imbalances make it impossible to achieve a sustained recovery. 
Representative Bart Stupak (D-Mich.) said last week that he and 11 other Blue Dog Democrats in the House will not vote for the healthcare bill unless it includes language that clearly prohibits the use of federal money to fund abortion services. 
As proponents of carrying unconcealed handguns in public are fighting for the right across the nation, Starbucks and other chain stores have found themselves caught in the middle of the firestorm, according to media reports.
As the Tea Party movement grows in strength and shows promise to affect the outcome of elections across the country, a new report from the Sam Adams Alliance has sought to understand its supporters’ political motivations. 
On March 4, the House of Representatives approved the Keeping All Students Safe Act by a vote of 262 to 153. The legislation is aimed at protecting children from inappropriate uses of disciplinary practices in schools.
Just weeks after Senator Scott Brown (R-Mass.) was sworn in on Capitol Hill, his committee assignments have been announced, and they are heavily focused on defense and security. 
According to a recent study, a high intake of potassium-rich foods, such as bananas, leafy green vegetables and soybeans, may reduce the risk of cardiovascular disease, including stroke and coronary artery disease. 
United States researchers studying ovarian cancer have reportedly identified a strong relationship between healthy eating and an improved survival rate for those suffering from the disease. 
Following a five-month investigation, employees from the Association of Community Organizers for Reform Now (ACORN) who were caught on video reportedly offering advice on how to cheat on taxes and loan applications to a couple posing as a prostitute and a pimp have been cleared of any criminal wrongdoing, the Brooklyn District Attorney’s Office said last week.
Family Research Council (FRC) president Tony Perkin’s invitation to speak at today’s National Prayer Luncheon at Andrews Air Force Base outside Washington, D.C., has been rescinded, causing the organization to question whether allowing gays in the military will not infringe on religious freedoms. 
Texas Governor Rick Perry resoundingly won the Republican gubernatorial primary on March 2, beating Senator Kay Bailey Hutchison in what has been described as a show of strength of the Tea Party movement.
According to a recent study, a daily dose of vitamin D may help people in northern climates better combat the long winter. 
Results of a newly released study have suggested that garlic consumed in large quantities may serve as a natural remedy to help ward off cancer. 
The National Rifle Association (NRA), America’s oldest civil rights and sportsmen’s group, has announced that the 2010 Annual Meetings and Exhibits will be held at the Charlotte Convention Center in Charlotte, N.C. in mid-May. 
Acupuncture may be an effective treatment option for breast cancer patients who are experiencing pain and stiffness due to side effects of commonly used hormone therapies, according to a new study. 
Two gun violence prevention organizations have announced they are joining forces in an effort to strengthen state-level advocacy efforts. 