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What Caused The Social Security Notch?.Alexandria, VA little-known file maintained by the Social Security Administration suggests that significant long-term costs are associated with immigration reform, according to a new report released today by The Senior Citizens League. The report examines data from the Social Security Earnings Suspense File, which has received 161.7 million suspicious W2s from 1990 through 2011 totaling over trillion in wages. The suspicious W2s have names, Social Security numbers, or both, that don't match the Social Security Administration's records - which occurs when undocumented immigrants use fake or fraudulent Social Security numbers to work..Millions of seniors are scammed each year just like Mr. and Mrs. Shiman. In her opening statement, Chairman Susan Collins said: "According to the Government Accountability Office, America's seniors lose a staggering .9 billion a year to an ever-growing array of financial exploitation schemes and scams … Today we are putting criminals on notice that they will be stopped and they will be brought to justice.".This, of course, keeps the costs of those drugs much higher than if a generic version were available..Re-opening is expected to be slow and painstaking as providers and states try different approaches to keep patients and staff safe. The Centers for Medicare and Medicaid Services recently released a bulletin about what patients should know about seeking healthcare during the pandemic, which can be found online at:..The video features the six members of The Senior Citizens League's Board of Trustees, as well as a few members of Congress..According to the Congressional Research Service, for an age 65 retiree with average wages, a maximum benefit disparity of 10% would have arisen between the highest benefit under the old rules and the lowest benefit under the new rules if the 1977 assumptions had materialized. Under the economic conditions that actually arose, the disparity was 25%-two and one half times greater..Congress has only two ways to address long-term funding fixes for Social Security - benefit cuts and tax revenue increases. TSCL surveys indicate that people who receive Social Security don't support most benefit cuts, and feel that the amount that beneficiaries receive isn't adequate to live on over longer retirements. The average benefit received by disabled workers is lower than the average retirement benefit - ,145 vs. ,235..While seniors with Medicare aren't required to have an Obamacare health plan, they have worries too. Obamacare cut Medicare by more than 0 billion over ten years, and that's starting to impact seniors age 65 and older. In particular, the law cut reimbursements to Medicare Advantage plans by 6 billion.

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Price gouging. The companies engaged in price gouging to maximize profits of drugs that had been off patent for decades. None of the companies investigated had invested in the research or development to create or improve the drug..Alexandria, VA little-known file maintained by the Social Security Administration suggests that significant long-term costs are associated with immigration reform, according to a new report released today by The Senior Citizens League. The report examines data from the Social Security Earnings Suspense File, which has received 161.7 million suspicious W2s from 1990 through 2011 totaling over trillion in wages. The suspicious W2s have names, Social Security numbers, or both, that don't match the Social Security Administration's records - which occurs when undocumented immigrants use fake or fraudulent Social Security numbers to work..The Republican platform assures current beneficiaries and those nearing retirement that their benefits will remain untouched, and that all changes to the program will aim to preserve the solvency of the Social Security trust funds. It explicitly states that all plans to increase tax revenues like the increase in the payroll tax cap that the Democrats proposed will not be supported. It states, "As Republicans, we oppose tax increases and believe in the power of markets to create wealth and to help secure the future of our Social Security system." … Continued

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Drug Legislation Running Out of Time as Part D Costs Set to Soar."Home Heating Oil Cost Forecast To Rise 19 Percent This Winter," Reuters, October 11, 201"Prepare To Pay An Extra 5 For Food In 2013," Nicole Seghetti, The Motley Fool, August 6, 201"Healthcare Cost To Rise 7.5 Percent In 2012 Report," David Morgan, Reuters, May 31, 2012..The statement that "nearly two-thirds of undocumented immigrants affected by the president's executive action don't pay taxes today" doesn't appear to be supported by the government's own data, and is contradicted by statements from Social Security's own Chief Actuary Stephen Goss. Goss was quoted in The New York Times as saying that about "three-quarters of other-than-legal immigrants" already pay payroll taxes. And the Social Security Administration receives on average about 9 million copies of suspicious wage and payroll tax reports a year in which the Social Security number and name don't match those on Social Security records. This situation frequently occurs when undocumented immigrants illegally work under invalid or fraudulent Social Security numbers. But if that's the case, awarding work authorization and Social Security numbers now would make up to 5 million individuals eligible to claim permanent Social Security and Medicare benefits based on earnings under those illegitimate wage reports. … Continued