It's about time. At the time of its passage, the Affordable Care Act, was labeled a "Medicare" tax and sold to the public that way. Now it is needed by the Medicare Part A Hospital Insurance Trust Fund. Part A is less than five years from insolvency and faces an estimated 5 billion funding gap over the next ten years. The Joint Committee on Taxation estimates that this tax will raise approximately .5 billion in revenue in 2021 alone..For more information about town hall meetings near you during next week's recess, click HERE. You can also call the local offices of your Members of Congress to request information about upcoming town halls. For contact information, click HERE..Full Report including study methodology..NASI's survey used an innovative trade - off analysis approach to learn what Social Security changes Americans favor and are willing to pay for. Trade - off analysis is commonly used in market research for product development. It determines the effect of decreasing one or more key factors and simultaneously increasing one or more other key factors in a decision, design or project. More than 2,000 Americans over the age of 21 participated and 87% percent of respondents said they are registered voters..Note the date and time of day of the call. Also note if you have a clear line or if the call sounds like it's coming from overseas. Does the person you are talking to have trouble with the language, have a heavy accent, etc.?.When it comes to the Social Security cost-of-living adjustments many, if not most, of you say that you feel the government is cooking the inflation data. The COLA seldom seems to reflect the growing costs you experience. Two factors are to blame; the choice of a consumer price index used to calculate your COLA, and the methodology that our government uses to calculate price inflation to begin with..When You Can't Afford Your Prescription Drugs, Apply For "Extra Help".There's an overwhelming flood of retirement information targeted to higher -earning upper income Americans, but just about everyone else with more modest incomes are without the guidance to help make the best retirement decision..Even though the rate of inflation is dropping, a proposal that would switch to a more slowly-growing CPI to calculate COLA continues to be pushed by proponents on both sides. The Congressional Budget Office has estimated that the "chained" CPI would reduce the federal budget deficit by more than 0 billion in the first ten years. It would do so by cutting the growth in a host of federal benefit programs, including military retirement in addition to Social Security, as well as increasing revenues if used to index the tax code.

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It's helpful to think of age 70 as the retirement age to get the maximum benefit that you are entitled to. Not only does your benefit grow 8% per year, but the additional years of work could potentially boost the amount of your initial retirement benefit. By continuing to work you also give yourself more time to contribute to retirement accounts and pay off home mortgages, and you reduce the length of time or amount you will need to withdraw from your retirement accounts. That can make a big difference on how well you can live and thrive in retirement..The Medicare Physician Payment Innovation Act, if signed into law, would repeal the SGR and set up a five-year trial period during which physician payments would stabilize and the Centers for Medicare and Medicaid Services would test new payment and delivery models. TSCL strongly believes that the SGR breeds uncertainty in the Medicare program for both physicians and beneficiaries. Many doctors have stopped accepting Medicare patients, and many more are threatening to do so if a permanent solution is not established soon. We believe that Rep. Schwartz's bill would bring increased stability to the program, and we urge Congress to pass it by the end of this year..Plan to compare your drug plan options during the fall Open Enrollment Period that starts October 15th and runs through December 7th. Chances are you will find a much lower-costing plan that will save you a bundle in 2014 if you switch plans. … Continued

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Also, TSCL plans to be on the Hill next week visiting with the staffs of Republican Senators to find out where they are with regard to health care legislation, and in particular the Grassley-Wyden bill..Food is one of the top three categories of expenses for most people who rely on Social Security. While the price of gasoline has gone down, food costs, especially meats, have continued to climb. Here are five ways to lower the food bill:.of the Center for Infectious Disease Research and Policy at the University of Minnesota and one of the foremost experts in the world on infectious diseases, said "the next six to 12 weeks are going to be the darkest of the entire pandemic." … Continued

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