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For example, if you and your spouse were over the age of 65 in 2016 and had an AGI of ,000, you could deduct the amount of allowable medical expenses over ,750, which is 7.5% of ,000. If your total medical expenses were ,000 you could deduct ,250.The Senior Citizens League appreciates the hard work and leadership of Chairman Collins on this important issue, and we hope to see the BOLD Act signed into law before the end of this year. For more information, visit the Bill Tracking section of our website..Low-income seniors, including about one-quarter of all Notch Babies, may be feeling the effects of the expiration of federal stimulus funding for Medicaid that ended recently. The recession drove up Medicaid enrollment sharply, but the federal government stepped in with extra funding to help states cover the costs. Increased enrollment and decreased funding have led states to eliminate some benefits and increase the co-payments they charge..According to Johnson's calculations, the Social Security beneficiaries who are most likely will not to see an increase in their net monthly check are those with benefits below ,264 per month. These individuals will once again be subject to hold harmless in 201Their COLA will be completely offset by the Part B premiums, but their Social Security benefits will not be reduced. "The net result will be no growth in the benefit for the third year in a row," Johnson says. "And that leaves nothing to meet other rising costs, such as Medigap premiums, Part D premiums, out-of-pocket costs, or anything else," Johnson notes.."This is a budget cut that makes no sense," says TSCL Executive Director Shannon Benton. "Meals on Wheels is a low-cost program that reduces our nation's healthcare bill and more importantly helps seniors stay in their home and remain independent," she says..In a letter that was sent to the twenty-nine conferees on Monday, members of the House Appropriations Committee wrote: "We call on the Budget conference to reach an agreement on the FY2014 and FY2015 spending caps as soon as possible to allow the appropriations process to move forward … If a timely agreement is not reached, the likely alternatives could have extremely damaging repercussions." According to the appropriators, the alternatives include: a government shutdown on January 15th, continued governance by continuing resolution, and a second round of across-the-board spending cuts via the "sequester," which is scheduled to hit in January..Take a class: Work out your brain and memory cells in addition to socializing with others by taking classes. Some 119 colleges in every state offer noncredit classes designed for people age 50 and older. Osher Lifelong Learning Institute courses are available at very low cost. In Charlottesville, Virginia, for example, students pay a annual membership, the first course of the fall session is and then each course thereafter is only ..The median income for those age 65 and older was ,757 in 2010..In the final days of the holiday recess, many Members of Congress will be holding town hall meetings and attending local events in their home states and districts. The Senior Citizens League encourages its members and supporters to attend these events and to ask important questions about the BCRA and its potential impact on older Americans, like the following two…