Two years is a long time for even Members of Congress to go without a paycheck giving them a good incentive to bury the budget hatchet. The government will again reach the federal budget limit later this fall. A group of Republican senators have been meeting privately with the White House to lay the groundwork for a deficit reduction agreement. President Obama included a proposal to cut Social Security cost-of-living-adjustments in his fiscal year 2014 budget. GOP leaders are trying to work out a compromise on a new spending agreement. TSCL is fighting COLA cuts and visiting Members of Congress. We urge you to send letters to the editor of your local media to educate the public on the importance of the COLA and to use examples of rising costs that illustrate the erosion in the buying power of your benefits..To learn more about the programs contact your local Medicaid office or call and ask about programs, that help pay for your Medicare premiums..Last year the Government Accountability Office in a report to Congress defined "notches" as "unduly large incremental reductions." In addition, the GAO further said "Notches create marked inequities between beneficiaries close in age to each other.".This week, TSCL was pleased to lend its support to Rep. Scott Rigell's H.Res. 66The resolution expresses the sense of the House of Representatives that any changes made to Medicare should not affect those over the age of fifty-five. It also states that any Medicare reform package should provide a detailed plan to eliminate waste, fraud, and abuse within the program..These actions are what families do, but they are not without long term costs to retirement security. Some of you have reported going into debt, most often due to high medical costs. In fact, a Gallup poll in July of 2020 found that 15% of the adults contacted reported at least one person in their household had medical debt that will not be repaid either in full or in part within the next 12 months..Medicare Part B premiums jumped .10 per month in 2020 - one of the biggest increases in recent years. While the Social Security cost-of-living adjustment increased benefits by 1.6 percent in 2020, Medicare Part B premiums climbed 6.7 percent, more than four times faster. A jump of this size can put older household budgets into a bind, forcing retirees to go without essentials when they run short before their next Social Security check..But the hyper - inflation of 2021also means that Social Security recipients are likely to see the highest cost-of-living adjustment in almost four decades. Johnson estimates that the Social Security COLA payable in 2022 will be about 6.2 percent if the current trends continue. "That's a huge boost, coming after COLAs have averaged a meager 1.4 percent over the past 12 years," Johnson notes..TSCL 2017 Senior Survey indicates there's widespread support for proposals that would improve benefits, particularly for older women. A majority, 55%, said they support giving credits to people who take time off from their job to provide care for children or older family members. Under the proposal women would receive wage credits up to a certain amount - ,000 per year is one proposal - to help fill in years when there are no earnings..Here are some things to consider:

Tag Womens Health Survey

Now a leading budget policy organization is pushing Congress to fully offset the cost of building the wall and other new spending and tax cuts with entitlement cuts - specifically, adopting the more slowly-growing Chained Consumer Price Index to calculate annual Cost of Living Adjustments. That's a change that would cut federal spending by about 0 billion, the group estimates..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..In a Wednesday speech on the House floor, Speaker John Boehner stated, "What we are dealing with is a President who has ignored the people, ignored the Constitution, and even his own past statements. In fact, on at least twenty-two occasions, he has said he does not have the authority to do what he did." In response to the bill's passage, White House officials issued a veto threat and said "there's no reason to tinker with the administration's actions at all." … Continued

Customer Service Billing And Insurance Health Insurance Mnsure And The Health Insurance Marketplace

Start watching the mail for your new Medicare card. The Center for Medicare and Medicaid Services will start mailing the cards this month and plans to replace all existing Medicare cards over the next year - by April of 2019..This week, lawmakers in the Senate voted on three health reform bills that would have repealed and replaced parts of the ACA if enacted. All three of the bills the Better Care Reconciliation Act, the Obamacare Repeal and Reconciliation Act, and the Health Care Freedom Act better known as the "skinny repeal" bill failed to win passage on the Senate floor..On Wednesday, the Social Security and Medicare Trustees released their 2015 reports on the financial outlook of the two programs. At a press briefing, Treasury Secretary Jack Lew said: "Today's reports confirm that both Social Security and Medicare are secure today and will remain secure in the years to come. Consistent with previous years, today's reports also show that these programs are facing challenges that need to be addressed." … Continued

Contact Atavista Farm Today!