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Social Security Subcommittee Discusses DI Program.Then in early 2018 when the 2017 payroll returns are filed by your employer, Social Security will verify how much you actually earned in 2017, and may repay any excess benefits that were withheld or let you know if they did not withhold enough. But beware! TSCL has learned of cases where these recalculations have been wrong and very time consuming to get corrected..In addition, according to the CBO's analysis, around 15 million fewer individuals would receive coverage through the Medicaid program, which currently covers the cost of long-term care for one in five Medicare beneficiaries. The BCRA would do away with the current Medicaid reimbursement system where the federal government matches state Medicaid expenditures and replace it with a new formula that would be tied to inflation. If costs grow more quickly than reimbursements as they are expected to, states would likely need to cut benefits, increase taxes, or restrict Medicaid eligibility..However, what the CBO report apparently does not point out is that major corporations in this country pay no taxes at all. That is happening because of the way the laws are written..In most years, seniors receive a small increase in their Social Security checks, intended to help them keep up with rising costs. But since 2000, the Social Security Cost-of-Living Adjustment has increased benefits just 38 percent while typical senior expenses have jumped 81 percent, more than twice as fast. Inflation has been at historic lows in recent years and seniors received a 1.7 percent COLA this year..In the meantime, Senators have been advised they will be given 24 hours' notice to return to Washington if somehow agreement can be reached on a new economic relief bill. But any Senator has the power to block that from happening and it is estimated there are about 20 Republicans in the Senate who believe the federal government has done enough regarding the coronavirus..Congress has only two ways to address long-term funding fixes for Social Security - benefit cuts and tax revenue increases. TSCL surveys indicate that people who receive Social Security don't support most benefit cuts, and feel that the amount that beneficiaries receive isn't adequate to live on over longer retirements. The average benefit received by disabled workers is lower than the average retirement benefit - ,145 vs. ,235..At issue is whether illegal immigrants would be able to benefit for Social Security and Medicare purposes from jobs worked prior to gaining work authorization. Senators Orrin Hatch and Marco Rubio introduced an amendment that would give the Social Security program protections to prevent payment of benefits based on prior illegal work. The amendment was strongly supported and endorsed by TSCL..What that means, in plain language, is the President is suggesting that for an unspecified "short term," taxes paid by workers into the Social Security system be suspended, further weakening the Social Security system.