Services Healing Arts ProgramThe tax cut, which reduced the Social Security payroll tax for employees from 6.2 percent to 4.2 percent, makes the Social Security trust funds reliant on general revenues and undermines the self-funding nature of the program. Social Security is funded by payroll taxes, and currently faces a billion cash-flow deficit. Extending the tax cut could exacerbate the program's funding issues.."To lower the expected cost of these new benefits, House Democrats have proposed introducing the new dental benefits starting in 2028, ramping up the coverage over five years."."Depending on how long it takes one's retirement savings to recover, the 2020 coronavirus recession could have a deep and life changing impact on the retirement security of older Americans," says Johnson whose own retirement savings were negatively impacted by the Great Recession of 2007- 0"Those who have lost significant sums might plan to work longer and retire later if they can," says Johnson. "Those who were working and have lost a job and their employer - provided healthcare coverage may wind up working for lower earnings, and could potentially experience worse health," she notes. … Continued
Womens Health Policy Issue Brief Interactive How State Policies Shape Access To Abortion CoverageNonetheless, this weekend the President said he will carry out his threat and veto the bill. It is not clear if all Republican members of Congress who voted for the bill will do so again and override Trump but there were large enough majorities in both houses that they could lose a few votes and still override..Is this fair? Should Congress change the indexing of the Social Security COLA to strengthen Social Security benefits? Click here to take our new 2019 Social Security survey..Finally, three new cosponsors signed on to the Improving Access to Medicare Coverage Act, bringing the total up to one hundred and fifty-one. The new cosponsors are Reps. Henry Cuellar, Leonard Lance, and Charles Rangel. If signed into law, H.R. 1179 would amend current Medicare policy to count hospital stays under "observation status" towards the three-day requirement for skilled nursing care. Currently, those under "observation status" don't qualify for coverage of the benefit, and they are often hit with large, unexpected bills after receiving necessary medical care. … Continued
