Social Security Cost of Living Adjustment Ensuring a fair, accurate, and guaranteed COLA..The report further stated that "Dental care was the most commonly postponed service, with 43% having delayed care. Thirty-six percent put off checkups and treatment for ongoing conditions, while 32% delayed diagnostic screenings..The Senior Citizens League opposes the plan that was advanced by the Budget Committee this week since it would lead to increased costs for Medicare and Medicaid beneficiaries, and it would cut benefits for Social Security recipients. Instead, we support legislation like the Social Security 2100 Act and the Improving Access to Affordable Prescription Drugs Act, which would strengthen and reform the Social Security and Medicare programs responsibly, without cutting benefits for current or future retirees..So, while we like the news that they still want to act this year, TSCL is taking a wait-and-see position..Increasing the payroll tax rate. Survey results have also shown strong support for a gradual increase in the payroll tax rate from 6.2% to 7.4%. An increase of that size would amount to an extra 50 cents per week for the average worker an amount that most feel is fair and practical..Sen. Enzi, one of the leading negotiators, said in a statement: "Congress is poised to approve a 10-year balanced budget for the first time since 2001, which represents an important step in confronting the nation's chronic overspending. This will help change the way we do business here in Washington to make the government live within its means just like hardworking families.".Seventy - nine percent of older Americans think the highest -earning workers should be paying Social Security taxes on all of their wages, just like other workers do, according to recent survey by The Senior Citizens League. "The issue is a top priority with older voters, many of whom are outraged at recent legislative proposals to cut Social Security benefits and cost-of-living adjustments," says Mary Johnson, a Social Security policy analyst for TSCL..to try and a 7-day free sample. She felt better right away. Routine physicals.Even small tweaks in inflation can save the government hundreds of billions over time. Using the chained CPI would reduce the measured rate of inflation, and the amount of money you would receive in your COLA every year. The Congressional Budget Office has estimated that moving to the chained CPI would cut government spending on Social Security by 2 billion over the first 10 years alone.

Medicaid Fee Index

One way to strengthen Social Security is to do what's known as "scrapping the cap." Americans only contribute to Social Security on the first 7,200 in income earned every year. That makes no sense. Why should the very wealthiest get a tax break, when nurses, electricians, and grocery store clerks pay into the system on 100 percent of their earnings? Closing this loophole would extend the program for at least another generation..Eliminating the payroll tax is estimated to put more money into the pockets of working people. But at today's savings rates, that could leave even more Americans much worse prepared for retirement than they already are. "By far the biggest winners of this proposal would be the share - holders of the nation's largest employers," Johnson says. "Companies would pocket the 6.2 percent payroll tax they currently spend matching the 6.2 percent withheld from employees, making this one of the biggest corporate tax breaks in our nation's history." "This proposal is an insidious attack on the finances of all Social Security beneficiaries," Johnson says..Here's a theoretical one: Let's say the undocumented immigrant parents of four U.S. -born children have lived in the U.S. for twelve years and are found eligible for work authorization and Social Security numbers. Prior to getting her Social Security number, the mother worked as a housekeeper and was paid in cash. No taxes were paid into Social Security or Medicare. Because none were paid, and no wages were reported, the mother does not have any Social Security coverage yet. … Continued

Blog Legislative Summit 2

Eating more fruits and vegetables can help you stay healthier longer, reducing the risk of cancer and other chronic diseases. But good quality produce can be difficult to afford, especially for people who depend on Social Security for most of their income. How can you get more fresh fruits and vegetables living on a Social Security budget? Here are some tips to get you started:.This is not a sustainable spending pattern for retired and disabled households. In recent years, Social Security recipients more typically reported that housing and medical expenses, not food, increased the fastest and were the two top cost concerns..TSCL Supports New Bill … Continued

Contact Atavista Farm Today!