If adopted, H.R. 860 would strengthen and reform the Social Security program by providing beneficiaries with a 2 percent benefit boost, basing cost-of-living adjustments on the CPI-E, creating a new minimum benefit set at 125 percent of the poverty line, and cutting taxes for beneficiaries. It would also apply the payroll tax to income over 0,000 and gradually increase the payroll tax rate to 7.4 percent..The Democratic Platform Committee approved a plan that would expand the Social Security program "so that every American can retire with dignity and respect." Their document states, "We will fight every effort to cut, privatize, or weaken Social Security, including attempts to raise the retirement age, diminish benefits by cutting cost-of-living adjustments, or reducing earned benefits.".The far greater worry, however, is a sharp increase in almost every source of quality protein - including meat, poultry, and even canned tuna. "With many meat price increases in the double digits, we are highly concerned that older households may not be getting adequate supplies of protein in their diets," Johnson says. "This was a nationwide problem prior to the pandemic, and the problem has been exacerbated by shortages and disruptions during the pandemic," she points out..Third, the Social Security Fairness Act of 2017 gained two new cosponsors in Representative Bill Posey and Suzanne Bonamici, bringing the cosponsor total to 17If signed into law, H.R. 1205 would repeal the Government Pension Offset and Windfall Elimination Provision two provisions that unfairly reduce the earned Social Security benefits of millions of teachers, police officers, and other public servants each year..And overwhelming majority 95% of those polled said YES! Amnesty by Executive Order is presidential over-reach. Changes in immigration law should be left up to Congress..If passed, the CPI-E Act would base Social Security cost of living adjustments on a consumer price index determined by the spending habits of elderly workers instead of the current formula geared toward younger members of the workforce..Increase the payroll taxable maximum to cover all earnings. Currently high - income workers pay no Social Security taxes on earnings over 8,500. That means someone earning 0,000 stopped paying Social Security taxes at the end of March while middle and low - income earners continue to pay Social Security taxes on all their earnings, all year long. This one change alone would bolster both the disability and retirement program for decades to come..Medicare Advantage plans have the flexibility to waive co-pays and deductible costs for patients in cases of a disaster or emergency. Most Medicare Advantage insurers announced they are doing so for treatment of COVID-1To learn the details of what your dad's health plan is doing to respond to COVID-19, you can find a list Medicare Advantage insurers and how they are responding on the website of the American Health Insurance Plans..TSCL opposes such plans since evidence shows they would result in higher out-of-pocket costs for most older Americans, and we will advocate against them as the administration attempts to build support. To stay updated on the latest Medicare reform news from Washington, visit the Legislative News section of our website.
