Medicare For All And Public Plan Buy In Proposals Overview And Key IssuesPetition to Congress: A Fair Cost of Living Adjustment for Social Security Benefits.The Social Security Trust Fund is the single biggest government account to which the U.S. Treasury owes money, with obligations currently totaling about .8 trillion dollars. From the mid 1980s until 2010, the Social Security Trust Funds received more revenues than required to pay benefits. Under current law, when surplus revenues are received, the Treasury issues special bonds or I.O.Us to the Trust Funds and excess revenues are used for other government spending. The government is required by law to pay interest on those I.O.U bonds..Using this approach would put low to middle benefit recipients on more equal footing. The draw- back however, is that people with higher benefits would experience a benefit cut. They would not receive a COLA based on the benefit that they actually receive, and the dollar amount would be lower than what they would have received under current law. While that loss would be relatively small at first, it would compound and rapidly grow deeper over time. It would tend to lower the total amount of income that retirees with higher benefits could expect to receive from Social Security. This sort of proposed change to the COLA would quite likely encounter fierce push back, particularly from those affected, and even from middle-income people who delayed their retirement perhaps by as much as 4 years or more to allow their benefit to grow to its maximum. … Continued
Newsroom Statement On Behalf Of Health On The Shooting At The Health Clinic Buffalo CrossroadsSen. Lindsey Graham said, "I do believe we should be helping people on Social Security because the price of food has gone up and I don't see any end in sight," he said. "A payment to Social Security recipients who are on fixed income of ,000 and below might make sense.".The continuing resolution will give appropriators in the House and Senate five extra days until Wednesday, December 16th to work out the final details of the omnibus. Senate Majority Whip John Cornyn told reporters on Thursday, "There are a few outstanding issues that have not yet been resolved." However, he said he's hopeful that the omnibus will be filed on Monday after a weekend of negotiations..In addition to expenses such as out-of-pocket drug costs, and co-pays for visits to the doctor, here are a few of the most common overlooked medical deductions: … Continued