Nourish Banana Chocolate Chip Sour Cream Bread RecipeMary Johnson a policy analyst for The Senior Citizens League told Stephen Ohlemacher of the Associated Press that she has serious concerns about the long-term impact of Tuesday's COLA announcement. She said, "This loss of anticipated retirement income compounds every year, causing people to spend through retirement savings far more quickly than planned. Over the course of a 25- or 30-year retirement, it reduces anticipated Social Security income by tens of thousands of dollars.".Most Americans contribute 6.2 percent of every paycheck to Social Security, but due to the payroll tax cap, people earning more than 7,200 contribute nothing over that amount. Do you support legislation like the newly-introduced Social Security 2100 Act, which would extend the solvency of the program by requiring millionaires and billionaires to pay their fair share?.Last November, President Obama bypassed Congress to halt the deportations of nearly 5 million unauthorized immigrants. Do you believe his executive orders have overstepped the constitutional limits and that they should be fully implemented? … Continued
Blog Fiscal Policy 8that your health insurance is taking a big portion of your Social Security,.According to a March analysis of an earlier version of the bill by the CBO, the legislation would restructure Medicaid safety net by capping costs. "This would have a profound impact on low-income Medicare beneficiaries," Johnson says. About 1 in 5 people on Medicare, 11 million beneficiaries in all, have incomes so low that they qualify for Medicaid, according to the nonpartisan Kaiser Family Foundation..To offset the increased spending, the proposal calls for approximately 0 billion in health care savings, with most coming from within the Medicare program. Under the President's plan, more beneficiaries would be subject to means testing and they would see higher premiums for Parts B and D. In addition, new beneficiaries would need to pay a copayment on home health care services, and they would also be faced with a surcharge on premiums for Medigap plans. … Continued