Uncertain: 17%.Another concern about congressional inaction on the debt ceiling is the potential for cuts to programs like Social Security, Medicare, and Medicaid. In recent debates, Social Security benefits have been used as a bargaining chip and have been held hostage to the debt limit increase. Some retirees have felt the sting of unexpected benefit cuts. In 2015, following the passage of the Bipartisan Budget Act, millions of seniors, already eligible for Social Security benefits, learned that an important claiming method called "file and suspend" a particularly important protection for women who tend to have lower benefits than men would no longer be an option to them..drives up hospital and other costs for Medicare beneficiaries,.plans with similar coverage caps or the maximum amount that the plans will pay..This week, President Obama sent his fiscal 2016 budget blueprint to Congress, and The Senior Citizens League saw one new cosponsor sign on to the Notch Fairness Act..The switch to the chained CPI was seriously considered in the closed-door debt limit meetings by Congressional leaders and President Obama earlier this summer. It forms the basis of not just one, but several, of the most prominent debt reduction plans currently under debate. Chaining the CPI has won support from both Republican and Democratic lawmakers, and most deficit reduction proposals call for putting it into effect relatively soon..Food is one of the top three categories of expenses for most people who rely on Social Security. While the price of gasoline has gone down, food costs, especially meats, have continued to climb. Here are five ways to lower the food bill:."That [FDA] approval is broad, making no distinction between the mild, moderate, and advanced stages of the memory-robbing disease and setting no requirements for its diagnosis.".Phasing in an increase in the payroll tax rate for workers and employers from 6.2% to 7.4% each over a period of twenty years. The gradual growth would mean an extra 50 cents in taxes per week each year for the average worker.

Owatonna Hospital Volunteers Package 1400 Meals For Community

Many Members of Congress will schedule town halls throughout the month of August, giving voters the opportunity to voice their opinions..Find resources in your community using the Eldercare Locator.."The measure would generally limit surprise billing in the following circumstances: … Continued

New Device Being Tested At Abbott Nothwestern Hospital Gives Hope To Patients With Leaking Heart

As was noted in last week's update, the AHCA would reform the current health system and negatively impact older Americans in several ways. It would restructure the Medicaid program, which funds nursing home care for many qualified Medicare beneficiaries. It would base premium subsidies on age instead of income, while allowing private health insurers to charge older Americans five times more than they charge younger folks for their coverage. And it would deplete Medicare's Hospital Insurance Trust Fund by eliminating two revenue sources that the ACA created, creating a funding crisis for the program..Expanding Social Security by ensuring fair payroll tax policies can not only ensure Social Security solvency for years to come, but can help people enjoy a more comfortable retirement without deep benefit cuts..Senator Bernie Sanders introduced S. 99 on January 10, 201It has since been referred to the Committee on Finance. … Continued

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