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Dealerships and lenders that use these tactics often target older consumers, low-income people with credit problems, and people with low "financial I.Q.s" by taking advantage of the borrower's lack of understanding about loans, terms and finances in general. The lender makes money from charging excessively high interest rates and stacking terms in its favor, and from the profits when the vehicle is repossessed and resold, sometimes to multiple buyers.."… Recently, our offices have received a significant increase in complaints from constituents who have gone weeks without receiving mail, similar to the surge of complaints we received last summer in the wake of USPS cuts and policy changes. These delays have had significant harmful impacts on the lives of our constituents. Because of these delays, our constituents have received bills after the dates on which payments were due or their payments were never received, and they have been forced to pay late fees..Seniors and the Cost of a Coronavirus Vaccine When it is Available.CMS to Save 4.5 Billion Dollars over Ten Years.The proposal to cut the growth of COLAs formed a major Social Security reform provision of President Obama's 2010 Fiscal Commission. It would reduce the growth rate in COLAs by switching to the more slowly-growing "chained" CPI. "The switch is insidious because it's enormously complicated to figure out, and it looks so small on paper - just 0.03 tenths of a percentage point," Hyland observes. "But the loss compounds over time. Within a decade it would have a significant financial punch that just keeps getting bigger," Hyland explains. The following chart provided by TSCL illustrates the impact of a chained CPI on a married couple's Social Security benefits, which start at a total of ,500 per month today, and how their benefits change over the first ten years. After ten years the chained CPI would reduce benefits by per month, and would cut benefits by ,488 over the ten-year period..President Obama set off a firestorm of controversy announcing an ambitious set of "executive actions" to protect illegal immigrants from deportation. The non-partisan Congressional Budget Office recently released a report confirming that many of those affected by the policy changes would be eligible for Social Security, Medicare and a wide array of federal benefits. Here are answers to frequently asked questions about executive action on immigration and how it affects Social Security and Medicare:.Even small tweaks in inflation can save the government hundreds of billions over time. Using the chained CPI would reduce the measured rate of inflation, and the amount of money you would receive in your COLA every year. The Congressional Budget Office has estimated that moving to the chained CPI would cut government spending on Social Security by 2 billion over the first 10 years alone..Government and private economists are warning of major financial turmoil and another recession if Congress can't get their act together to address the rising level of federal debt that is estimated to equal 70 percent of our total national output by the end of the year. Our nation's ability to pay the interest and its debt obligations has everything to do with our benefits..This year, for the first time in decades, "expanding" Social Security became the platform of a major political party - the Democrats - while both presidential candidates, Clinton and Trump, expressed opposition to any benefit cuts. And lending credibility to the claims, legislation is pending in both the Senate and the House that would provide a boost to Social Security benefits and use a "seniors" CPI, the Consumer Price Index for the Elderly, to determine the annual cost-of-living adjustment. The legislation would finance doing this by lifting the payroll taxable maximum - which is currently capped in 2016 at the first 8,500 in earnings.