We look forward to working with Sen. Casey and Rep. Cartwright in the coming months to help build support for this important bill. In addition, we urge our members and supporters to contact their elected officials to request their support for it. For contact information, CLICK HERE..At 2.8%, the annual cost-of-living adjustment that Social Security beneficiaries received in 2019 was the highest in seven years. The average monthly retiree benefit of ,425 increased by almost , but since October of last year, consumer price index data indicate that growth in inflation has stalled. In fact, if the current trend continues, it suggests the COLA payable in 2020 could be zero, according to projections by Advisor editor, and COLA researcher, Mary Johnson..Information and referral: Depending on her income your mom may qualify for other assistance programs, like Medicare Extra Help, and you can get contact information for other types of programs..In January the President had said he would "take a look" at cutting entitlement spending, which is Washington talk for cutting Social Security, Medicare and Medicaid. However, the next day after the interview he backed off his statement and tweeted that he would save Social Security..According to TSCL's Senior Surveys, more than half of retiree households pay taxes on Social Security benefits. The new tax law did not change the income thresholds that subject Social Security benefits to taxation. Taxpayers with incomes in excess of ,000 or ,000 pay taxes on as much as 50% of Social Security benefits. For taxpayers with income exceeding ,000 and ,000, up to 85% of Social Security benefits may be taxed. Rather than paying quarterly estimates, taxpayers may use Form W-4V to withhold a flat rate from Social Security checks: 7%, 10%, 12%, or 22%..Congress Adjourns for Spring Break."The government now finds itself trying to figure out how to satisfy patients who desperately need help, even though scientists think this particular treatment lacks strong evidence for its effectiveness and policy experts warn it is setting up a budgetary nightmare for Medicare in the future."."Lawmakers Never Faced With Losing Benefits," The Associated Press, April 19, 2006..On Tuesday, Senate lawmakers returned to Capitol Hill to begin the second session of the 115th Congress. Those in the House remained in their home districts for the week and are expected to return to Washington on Monday, January 8th.

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Either way, you will need to consider how well your income, including Social Security, retirement savings, pension and other income will allow you to sustain mortgage payments over the refinancing periods. It's also helpful to use realistic budget expenses. That means estimating how taxes will reduce your Social Security and retirement income, and factoring in a realistic growth rate for medical expenses of at least 10% or more each year, to account for both rising prices and the greater need for services as we age..Even if your income or assets are slightly higher than the guidelines, you should still apply. That's because certain kinds of resources may not be counted. States figure your income and assets differently, so you may be eligible in your state. When determining eligibility, your countable assets include checking or savings accounts, stocks and bonds. Your home, and one car, will not be counted..Rest assured the Consumer Price Index does include food and fuel. Without those two items, the CPI would grow much more slowly than it already does and so would your annual-cost-of-living adjustment. … Continued

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At Tuesday's hearing, lawmakers on the Aging Committee and those who testified advocated for the passage of the bipartisan Building Our Largest Dementia Infrastructure for Alzheimer's Act, which was recently introduced by Chairman Collins and currently has the support of forty Senate cosponsors. If adopted, the bill would create the public health infrastructure that is needed to promote early detection, coordinate care, support caregivers, and combat Alzheimer's disease..A report about the memo, which was published in Politico, a Washington, D.C., based news service, also stated that the lawyer "and his office late last week instructed administration officials to seek guidance from the DOJ's public integrity section, which deals with election crimes, before moving forward with the drug-discount plan. That has further stalled the plan as the health department waits for DOJ review, said two officials."."The drug is essential," Heyman testified. "People can die without it… The drug company deserves the right to make a profit. But it is unconscionable that one company, Valeant, can hold Wilson Disease patients hostage," she said in her testimony. … Continued

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