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This time, with large numbers of hospitals straining to care for COVID-19 patients, cutting payments to hospitals and increasing revenues is likely to be far more difficult. Hospitals across the country say they have been pushed to their financial limit. And simply raising payroll tax rates may not provide enough of a revenue in the short term if unemployment remains at high levels longer than anticipated. Payroll taxes cannot be collected from workers who are unemployed..To learn more about important issues affecting seniors, to sign a petition to Congress, or to find contact information or your Members of Congress, please visit the ACTION CENTER of our website..Most seniors are aware of the impact of the consumer price index on COLAs. But switching to the more slowly growing "chained" CPI, if applied government-wide, would be far more reaching than Social Security cuts alone. In every aspect where applied, seniors would receive less in benefits and pay more in higher taxes. The following chart illustrates:.Subcommittee Discusses Social Security Windfall.In addition, it appears that public health preparedness has not been a priority among government officials for several years and funding for public health programs has been cut..can try. You can check the coverage and full cost of the drug using the.By Rick Delaney, Chairman of the Board.And remember, there is no plan anywhere on how to shore up Social Security, even if the Payroll tax deferment is not made permanent..The earliest age at which people can retire is age 6But that's about the worst age to retire. When people retire prior to "full" retirement age, their benefits are reduced, by as much as 30% depending on age. Full retirement age is the age at which retirees qualify for full, un-reduced benefits. That age varies, depending on when you were born, and people need to take action to confirm their full retirement age. Waiting until age 70 allows retirees to maximize their benefit by taking advantage of a delayed retirement credit of 8% per year.

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Alexandria, VA little-known file maintained by the Social Security Administration suggests that significant long-term costs are associated with immigration reform, according to a new report released today by The Senior Citizens League. The report examines data from the Social Security Earnings Suspense File, which has received 161.7 million suspicious W2s from 1990 through 2011 totaling over trillion in wages. The suspicious W2s have names, Social Security numbers, or both, that don't match the Social Security Administration's records - which occurs when undocumented immigrants use fake or fraudulent Social Security numbers to work..Nearly twenty new initiatives were revealed at Monday's conference. In his speech, President Obama announced one that will encourage workers to save more for retirement by helping states create new workplace-based savings opportunities. Currently, around one-third of all employees do not have access to a workplace retirement plan. The initiative announced on Monday will "provide a clear path forward for states to create retirement savings programs" by the end of this year, President Obama said..This week, appropriators in the House and Senate continued making progress on a number of fiscal 2015 bills. Notably, House Appropriations Chairman Hal Rogers released a plan to trim funding slightly for the contentious Labor-HHS-Education measure, which the Social Security and Medicare programs both fall under. The plan would provide 5.7 billion in funding for the measure, which is approximately billion below the current funding level. … Continued

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Last fall, Republican candidates made a lot of campaign promises: to create more jobs, to roll back federal regulations and to increase energy production. But you didn't see any bumper stickers or yard signs promising to gut Social Security. Yet, the first thing House Republicans did in the new session of Congress was to quietly change a rule that could force cuts in Social Security benefits for millions of Americans by the end of next year. By turning a simple procedural tool into a "doomsday" scenario, House Republicans want to manufacture a crisis in order to justify cuts and to move toward their goal of Social Security privatization, a long-time goal of Wall Street and right - wing think tanks..How Would Importing Prescription Drugs From Other Countries Help People in Part D Plans?.Medicare is currently prohibited from covering most hearing, vision, and dental services, even though millions of seniors are afflicted with age-related hearing loss, low vision, and poor oral health. When left untreated, these conditions often result in serious injuries and complications. What do you feel should be done about this? … Continued