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(Image from article: "California IOUs to be shunned by big banks after today")

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Vouchers Topics

Biden: GOP wants Medicare to be 'voucher care'

The Obama campaign is trying to put a new tag on Republican Medicare plans. "Voucher care." "We are for Medicare, they are for voucher care," said Vice President Biden on Sunday in Green Bay, Wis. "It's basic."

California IOUs to be shunned by big banks after today

Bank of America and other big institutions plan to enforce a cutoff, making it harder to cash vouchers. To protect IOU holders from third-party speculators, the SEC defines the vouchers as securities.

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