The CR will fund the government through this coming Friday, Dec. 18, at the same level as fy2020 funding. If they still can't reach an agreement it is likely they will pass another CR that will go to the end of the year. That would give them time to go home for Christmas and then return to Washington to continue trying to reach a final agreement..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..The last time the Medicare Part A Trust Fund was forecast to become insolvent was in 200At the time, the Part A Trust Fund was forecast to become insolvent by 201Lucky for us that never happened - in 2017 at least. Congress enacted the 2010 Affordable Care Act which changed Medicare taxes in two ways. It added a 0.9% surtax to the amount of Medicare payroll taxes paid by high earning individuals with wages over 0,000. This was on top of the 1.45% that workers currently pay on their wages. A second provision affecting the more affluent, imposed a 3.8% tax on a portion of net investment income. Estates and trusts can also be subject to this tax..The short answer is no not yet..Senate Appropriators Approve Funding Bill.The fight over ending surprise billing has sparked a costly lobbying fight from hospital and doctors groups as well as insurers which oppose ending the practice. That's who TSCL is up against in this fight and it's why your support is so important to our work..Health insurers would directly pay providers the difference between the out-of-network rate and the patient's cost-sharing amount for those services. In states that don't have their own systems, the out-of-network rate would be the amount that the provider and insurer agree to through an open negotiation process, or the amount set through an arbitration process..This week, one new cosponsor Rep. Corrine Brown signed on to the Social Security 2100 Act. The total is now up to sixty-four. If signed into law, H.R. 1391 would increase Social Security benefits by 2 percent, cut taxes for over 11 million seniors, increase the minimum benefit to 125 percent of the poverty line, and make COLAs more fair and accurate. It would also take measures to increase the solvency of the trust fund beyond the next seventy-five years, through the year 2100..Social Security Subcommittee Discusses DI Program
