Health Bringing Health Care Prices To LightWhy is the coronavirus so different from previous flu outbreaks?.Alexandria, VA deadline is looming for more than 8.9 million disabled Social Security beneficiaries as well as 1.8 million of their children, warns The Senior Citizens League. So far Congress has not made public any long-term plan to head off a 20% cut of Social Security disability benefits that would occur in about two years. "All Social Security beneficiaries are waiting to learn how our newly elected lawmakers intend to remedy the situation," says TSCL Chairman, Ed Cates..Totalization with Mexico is highly controversial because of the millions of Mexicans who have illegally worked in the United States without authorization. The agreement raises concerns that millions of such workers and their dependents would become newly eligible for Social Security benefits worsening the long-term solvency of the program. In addition, substantial new costs could trigger benefit cuts and higher taxes for both retirees and workers. … Continued
Health Ncsl Prescription Drug Policy Resources CenterBut those "extraordinary measures" can only last so long. Without congressional action, the Treasury Department will run out of borrowing authority in just a few months and it won't have the funds needed to pay the country's bills including Social Security benefits and Medicare reimbursements..For information about town hall meetings near you during the spring recess, call the local offices of your elected officials. You can find contact information for your Members of Congress right here..Advisor editor Mary Johnson estimates that using the chained CPI would cut lifetime Social Security benefits by about 7% over 25 years. New retirees with an average benefit of ,100 in 2010 would receive about ,634 less over a 25-year retirement period. "The financial impact is deceptive, appearing small at first," says TSCL Executive Director, Shannon Benton, "But the cuts compound over time, growing deepest when seniors are the oldest and sickest. By the time seniors are in their late 80's or 90's, when they are most likely to have chronic health problems, monthly benefits would be about 5 lower using the chained CPI." … Continued
