Blog Fiscal Policy 8Inflation, as measured by the U.S. Bureau of Labor Statistics' consumer price index, has taken a deep tumble over the past year, meaning older Americans will have to settle for a cost-of-living adjustment of 1.6% in 2020 after getting a 2.8% increase this year..If you're preparing for a long sea journey and about to set sail in stormy waters would you knowingly board a ship without adequate lifeboats or an emergency plan? Dumb question, I agree, but this is what the nation's retirees and Baby Boomers are getting ready to do,. The upcoming election will be one of the most important votes we ever make to determine the future of our Security and Medicare benefits. But voters are headed to the polls with frustratingly few details about candidates' plans..Your persistent support in signing petitions, sending email, and letters to your Members of Congress have helped build the highest level of co-sponsorship in more than ten years. … Continued
New Ulm Medical Center Raises Awareness About Importance Of Prevention Screening With Breast CancerIf that's so why hasn't anybody done it yet? The options Congress has to address the debt are dwindling and the choices that are left are wrenching..The system, however, isn't estimated to be able to pay scheduled benefits in full for that long. The Social Security Trustees estimate that the Trust Funds will become fully insolvent by the end of 203When Trustees use the term insolvent that means the point at which all the extra revenues that were borrowed, now totaling more than .6 trillion, have run out, and there are no more IOUs held by the Trust Fund. Some people believe that, when the Trust Funds are exhausted, Social Security will be completely unable to pay benefits. But that's not the case..Republicans as a whole did not object to the renaming provision and they agreed with Democrats that the NDAA was not the place for the social media provision that Trump wants. As a result, both houses of Congress passed the NDAA last week with majorities that are large enough to override Trump's threatened veto. … Continued
