I pour some water in the flowers, but some spills on the floor..To fix this, I've introduced the FAIR Generics Act, which would stop pay-for-delay deals once and for all. Doing so would make high-quality, lower-priced generic prescription medications available to patients sooner, thus lowering prescription drug prices in numerous cases..This week, lawmakers in the House passed legislation that would fund the Department of Homeland Security through September and address President Obama's recent immigration orders. In addition, The Senior Citizens League announced its support for two new pieces of legislation..Here's a hypothetical example to illustrate the math: Let's assume that you double check your expenses and discover some commonly over-looked medical expenses. With that, and your husband's medical expenses, let's assume that your medical expenses total ,000, and that your AGI is about ,000. Seven and one-half percent of ,000 is ,750. That leaves ,250 in excess medical expenses that you might potentially deduct..Plan your withdrawals to boost your Social Security benefits. While you want to allow your retirement savings to grow tax-deferred as long as you can, withdrawing money from an IRA earlier is sometimes to your advantage. Doing so may help you delay starting Social Security benefits, allowing your benefits to grow 8% for every year you wait after attaining age 66 and until age 70..If he should choose to veto the bill all bets are off as to what would happen next..The study examined the increase in costs of 39 key items between 2000 and January 201The items were chosen because they are typical of the costs of most Social Security recipients, and include expenditures like the Medicare Part B premium, that are not measured by the index currently used to calculate the COLA. Of the 39 items analyzed, 25 exceeded the percentage of increase in the COLA over the same period. "This study illustrates why legislation is needed to provide a more fair and adequate COLA," Johnson says. "To put it in perspective, the same 0 worth of groceries that a retiree household could buy in 2000, can only buy worth today," Johnson adds..A new study has found that it is more than prices that are high when it comes to so many prescription drugs. According to Modern Healthcare newsletter, "A .40 increase in out-of-pocket costs per prescription was associated with a 22.6% drop in consumption and a 32.7% increase in monthly mortality rates, an analysis of more than 358,000 relatively healthy 65-year-old Medicare beneficiaries found.".The problem of how our government calculates price inflation affects more than just Social Security benefits. The consumer price index is also used to adjust many federal programs and other aspects of our laws such as the federal poverty limits and the federal tax code. By growing more slowly, fewer people qualify for safety net programs, or the federal tax code exemptions become less generous over time, and taxpayers pay more in taxes.

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I remain committed to determining the causes of rising drug prices and identifying potential solutions to reduce costs for American families. Everyone deserves access to health care that will improve their lives. Health care is a right, not a privilege, and I pledge to do all I can to protect this right..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..The survey found that a person receiving the national average Social Security benefit in 2000 - 6 per month - would have ,193.10 per month by 201However, because retiree costs are rising at a substantially faster pace than the COLA, that individual would require Social 0.30 more per month, or ,603.40 in 2018, just to maintain his or her 2000 level of buying power. … Continued

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"Obamacare Victims Are 'Liars' Says Top Democrat," Edward Morrissey, The Fiscal Times, February 27, 201Letter to The President, from House leadership, concerning Medicare Advantage cuts, February 13, 201Letter to Marilyn Tavenner, Administrator, Centers for Medicare and Medicaid Services, from 40 Senators, concerning Medicare Advantage cuts, February 14, 2014..After passing the so-called "cromnibus" late last week, Members of Congress returned to their home states and districts for the remainder of the year. They will return to Capitol Hill in January to begin the 114th Congress..That's why we endorsed legislation from Congressman Ted Deutch that would protect the earned benefits of older Americans, by exempting Social Security and Medicare from any requirements of a balanced budget amendment. The bill H.R. 5466 would go a long way in protecting the retirement security of older Americans against irresponsible measures like the one that was considered this year. … Continued

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