The U.S. Supreme Court decision on immigration has significant consequences for Social Security and Medicare, says a recent report by The Senior Citizens League. "President Obama's executive actions on immigration would have provided long - term access to Social Security and Medicare benefits for people who worked in this country illegally, even though the newly - issued green cards are only temporary," says TSCL Chairman Ed Cates.To learn more about deducting medical expenses, see IRS publication 502, which can be downloaded at..Larry holds a Bachelor of Arts degree in Social Studies from Minnesota State University, Mankato, Minn. In addition, he completed all course work in the Church-State Studies graduate program at Baylor University, Waco, Texas. He has also taken graduate course work at the George Washington University in Washington, D.C..Legislation that would tie COLAs to an index that measures inflation experienced by older households, the Consumer Price Index for the Elderly, has recently been reintroduced. The CPI-E tends to grow more quickly that the CPI-W in most, but not every, year. "2021 is one of those times when gasoline prices soar and the CPI-W would yield the higher COLA," Johnson says. "If the COLA for 2022 were based on the CPI-E, we estimate it would be 5 percent compared to the 6.2 percent that we estimate for the CPI-W," Johnson notes. The Senior Citizens League works to protect and strengthen Social Security benefits and program financing..Senator McConnell's comments came a day after the U.S. Treasury Department released an analysis that revealed the corporate tax cuts under the new tax law had a significant impact on the deficit in 201Supporters of the 2017 tax legislation sold the bill saying that the tax cuts would spur economic growth so much that it would pay for itself. But the Treasury Department recently reported that the U.S. budget deficit grew to 9 billion in Trump's first full fiscal year as president, as a result of the tax cuts, spending increases, and rising interest payments for the national debt..The inequities don't stop at the different eligibility rules. The new Medicaid benefits aren't available in every state. In 25 states and Washington D.C., Medicaid will for the first time be open to anyone younger than age 65 whose income is no more than 133% of the federal poverty level, ,856 a year. But people living in one of the twenty-five states that have decided not to expand their Medicaid programs will be left out. Younger seniors in those states aren't receiving the same benefit opportunities because the Supreme Court ruled that Obamacare could not compel states to expand their Medicaid programs..Get multiple meals from one food item: Any meat, like ham or turkey, that's relatively low cost, provides plenty of leftovers, and freezes well, is one to consider for company entertaining. After the first meal, slice the leftovers and wrap in individual servings and store in plastic zipper bags in freezer. Use the remaining bone and small meat scraps for making soups. If you can't make soup right away, bones and scraps can be frozen until you need them..You can use the Social Security Administration's earnings test calculator to see how earnings could affect your benefit payments..In a statement released by TSCL on Thursday, Social Security and Medicare policy analyst Mary Johnson said: "Older middle-income Americans could shoulder a disproportionate share of taxes under these changes, and get pushed more quickly into higher tax brackets than they are today … The changes under consideration may provide some modestly lower federal income taxes at first, but the benefits for many people would be short-lived."
