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A new analysis by The Senior Citizens League, one of the nation's largest nonpartisan seniors groups, indicates that changes the government has already made in the late 1990s to how it calculates the CPI have resulted in cutting the Social Security benefits of today's seniors by about 7 percent since 2000. Social Security recipients, who retired with average monthly benefits of about 6 in 2000, lost 7 this year alone, and about ,293 in COLA growth over the past twelve years. According to the analysis, the CPI changes that became effective by 2000 will cut more than ,000 of Social Security income from individuals who retired with average benefits over a 25-year retirement. "Chaining the COLA would further deepen the loss of benefits," says Larry Hyland, Chairman of TSC.Senator Thune also said there are no plans for the Senate to stay in session longer than it normally would to get their work done. That means they will take their usual August break as well as the usual recesses during upcoming holidays..Several provisions within the H-CARE act include; increasing payments to Rural Health Clinics, authorizing to million annually for grants to rural providers to help with the cost of implementing health information technology, requiring prompt payment to rural pharmacies by Medicare prescription drug plans and ensuring that rural Americans are appropriately represented on the Medicare Payment Advisory Commission..Eliminating the "cash cliff" that hits when a disabled beneficiary earns more than ,090 in any given month and is immediately cut off from benefits. The cash cliff serves as a workforce disincentive and could be addressed by simply adopting the method used in the retirement program, where monthly benefits are reduced by for every in earnings over ,310, thus providing an improved earning opportunity.."Caught Up In A Medicare Drug Fraud," Tracy Weber and Charles Ornstein, ProPublica, December 31, 2013..For frequent updates on the status of the spending bill, visit our pages on Facebook or Twitter..Every day, thousands of our neighbors and friends protect our cities, educate our students, and provide crucial services to our communities. While these public servants have made careers out of giving back, our federal government unfortunately uses antiquated policies to take back the benefits that these workers have earned..urging, but she finally got a physical. She was shocked to learn that her blood.The part of Social Security that pays old age and survivor benefits is projected to become insolvent in just 14 years. The Social Security fund that pays disability benefits is projected to last longer until 206But that fund is much smaller and even if money were diverted from it to the old age fund, it would only last for an additional year.

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According to the Social Security Administration, beneficiaries will receive a 1.7% COLA starting in January of next year. The low COLA comes close on the heels of two years when no COLA was paid, in 2010 and 201The COLA in 2012 was 3.6%. "The anemic growth in benefits will cause tens of millions of seniors to spend a bigger portion of their monthly Social Security payment on healthcare and other costs next year," says TSCL Chairman Larry Hyland..Our voices and our votes collectively are how we counteract all the money the drug companies throw around to influence Congress..When asked how they responded to rising prices for meat, poultry, seafood, and dairy products, survey participants report reducing the amount that they consume of these foods and having to spend a larger portion of their budget on these items. "Most troubling of all, about 25 percent of survey participants reported they've gone without," Johnson says. … Continued

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Recent healthcare reform legislation gradually reduces what beneficiaries must spend when they reach the Part D doughnut hole or gap in coverage. Medicare consumers who hit the doughnut hole receive a 50 percent discount on brand name drugs and a 7 percent discount on generics in 201While that's good news, don't breathe any sighs of relief just yet. Seniors and the disabled who hit the doughnut hole must still spend ,448 in total drug costs in 2011 before they reach catastrophic coverage period..Another major hurdle was about how to classify .5 billion in veterans' health spending through the VA Mission Act - legislation that Trump himself has championed. The chairmen/women of the Congressional committees that deal with government funding originally agreed to classify that money as "emergency spending" because then it would not violate the overall spending limits Congress has previously agreed to..When it comes to the Social Security cost-of-living adjustments many, if not most, of you say that you feel the government is cooking the inflation data. The COLA seldom seems to reflect the growing costs you experience. Two factors are to blame; the choice of a consumer price index used to calculate your COLA, and the methodology that our government uses to calculate price inflation to begin with. … Continued

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