This week, Congressman John Garamendi introduced legislation that would base Social Security cost-of-living adjustments on a more accurate measure of inflation. In addition, The Senior Citizens League announced its support for a bill that would make the Social Security program more equitable for public servants..Your earnings from work will reduce your benefits if you are under your full retirement age and the earnings are more than the annual limit. The age at which people become eligible for full retirement benefits has been gradually rising. The full retirement age for people born from 1943 through 1954 is 66..House leaders and a bipartisan group of 40 senators recently sent a letters to President Obama, and Medicare's Administrator, Marilyn Tavenner, expressing serious concerns about the impact of Obamacare cuts. "These cuts, in addition to proposed rules issued by CMS, will force millions of American seniors to face higher health care costs or lose access to their doctor, health plan, lifesaving drugs, and the benefits they've come to rely on," House leaders wrote. The Senate letter stated, "We urge you to maintain payment levels that will allow MA beneficiaries to be protected from disruptive changes in 2015.".The House will also pursue legislation to strengthen the 2010 health care law, Hoyer said. "We've already passed bills on protecting preexisting conditions, but that was a very high priority for us, and we may do something else," he said..Two House Bills Gain New Support.More people than ever face a lower standard of living in retirement, according to a growing number of troubling new studies. There are several reasons why this is occurring:.years, seniors participating in TSCL surveys say they are putting off visits to.Increasing funding for Continuing Disability Reviews, which are conducted periodically to ensure that disabled enrollees still qualify for benefits. CDRs return to the program for every invested..Social Security benefits are one of the few types of retirement income to be automatically adjusted annually for inflation. In 2020, more than 61 million Social Security recipients received a 1.6 percent annual COLA, which raised the average ,460 benefit by .40 per month.

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But the promise of Medicare is in jeopardy today because some in Washington have misguided priorities. A proposal put forth by Congressman Paul Ryan that I was proud to vote against earlier this year, would end the Medicare guarantee by turning the traditional program into a handout for private insurance companies..can backfire, leaving you with bigger health problems and bills down the road..Some agree with the President's stimulative plans, however, many on Capitol Hill have aggressively opposed the extension. House Budget Chair Paul Ryan has been particularly outspoken about the tax holiday, referring to it as "sugar-high economics," and preferring instead a plan that includes comprehensive tax overhaul. … Continued

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Many Members of Congress will schedule town halls throughout the month of August, giving voters the opportunity to voice their opinions..Put a medical emergency plan into place, before you need one: Having no plan for emergencies, especially if you live alone, or with a spouse who also needs special care means you need to have a medical emergency plan in case something happens to you. Often doctors will order observation care when you are too sick to safely go home. Although this can still occur even with the best-laid plan, you may be able to reduce the length of an observation stay if you have someone who will take care of you once you are released..Social Security Reform Extending the program's solvency without enacting harmful cuts. … Continued

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