How the Pandemic is Affecting Retirement Savings as of December 31, 2020.Of the respondents, 19% said they had used bleach on food, 18% said they had applied household cleaners to their skin, 10% said they had misted themselves with disinfectant sprays, 6% had inhaled vapors from the cleaners, and 4% had drunk or gargled diluted bleach solutions, soapy water, or other disinfectants..President Trump recently said that the United States has to create new bidding procedures for the drug industry. TSCL believes that new bidding procedures alone would not give Medicare the power to bring down prices on drugs when a company holds a monopoly on the only drug available to treat specific conditions. TSCL supports giving Medicare greater power to negotiate the price of drugs like it does for all other services covered under Medicare, and making it easier to import less expensive FDA approved drugs..Prices for and Spending on Specialty Drugs in Medicare Part D and Medicaid, Congressional Budget Office, March 2019..Social Security and Medicare Part A would have to rely solely on the payroll tax revenues they collect each year to pay out benefits or pay medical providers like physicians..What would happen if the Supreme Court rules against Obamacare now that people already have purchased coverage? Will I have to repay my premium assistance subsidies? I qualified for ,456 in premium subsidies last year alone. Will plans be allowed to deny coverage based on pre-existing conditions again?.Your employer continues to offer healthcare benefits, and._.Flu Vaccine Reduces Risk of Flu Illness and Serious Outcomes

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Congress has reallocated payroll taxes at least 9 times in the past to temporarily avert trust fund financing crises, according to the Congressional Research Service. "Doing so now would be much more difficult, because the retirement program is in cash deficit, and the government is borrowing money to cover retirement and survivor benefits," Cates points out. "Reallocation from the retirement trust fund would mean the government would have to borrow more, a recipe for more explosive debt limit show downs in coming months," he says. "The situation could put all Social Security benefits, including retirement and survivors benefits, at risk of cuts in debt limit negotiations," Cates explains..The data certainly suggests this is the case. The years in which inflation as measured by the Consumer Price Index for Workers has been the highest, the difference in the chained CPI was the greatest. The average difference between the CPI-W and the chained CPI is 0.3 tenths of a percentage point. But in 2005 when Hurricane Katrina sent gas prices through the roof, the CPI-W paid a COLA of 4.1% the following year. The chained CPI would only have paid 3.4% - a difference of 0.7 tenths of a percentage point. In 2008 the CPI-W paid a COLA of 5.8% the following year. The chained CPI would have only paid 5.2%, a difference of 0.6 tenths of a percentage point..Social Security recipients will get 2% cost-of-living adjustment effective January 201But despite it being the largest increase in five years, the news is being met with frustration from millions of retiree households who won't see any of the raise, primarily due to rising Medicare Part B costs. … Continued

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Many of you will no doubt remember that we used to celebrate both Washington's and Lincoln's birthdays separately. In 1968 Congress passed the Uniform Monday Holiday Bill, which moved several federal holidays to Mondays..The fate of President Obama's controversial executive action on immigration remains tied up in court. Texas and 25 other states, supported by TSCL, 12 other groups, and 113 Members of Congress are challenging the legality of Obama's actions. TSCL and the others argue in an amicus curiae brief, that "the President acted contrary to both the express and implied will of Congress.".If we closed this loophole, we could ensure that Social Security continues paying full benefits to every single American who pays in, just as they were promised. … Continued

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