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Despite the optimistic attitudes of the five expert witnesses, those on the Subcommittee seemed hesitant about revamping the payment system this year. One Subcommittee Member, Rep. Michael Burgess stated: "This term, I've seen more work done on this problem than I have any other time that I have been in Congress, but we're still pretty far away from the goal that we all expect to achieve." He went on to say, "We're not likely to end up doing something that will provide that … long-term replacement for the SGR by December 31.".Until then, many Members of Congress will be holding town hall meetings to address the questions and concerns of their constituents. TSCL encourages its members and supporters to attend these town halls and to ask questions of their elected officials about important Social Security and Medicare issues, like the following four….The program is still controversial because it is expected to cost at least .6 billion and will be funded by taking money from other places within the Medicare budget. One health official briefed on the revised plan called it a 'horrible idea' that would inappropriately dip into Medicare's trust fund, adding that the timing still raises questions..Never provide your Social Security number, credit card, or banking information to anyone requesting it over the phone or at your home..In short, the Social Security disability trust fund would become insolvent by mid-2021 and the retirement trust fund would become permanently depleted by 2023, just two short years from now..Many of you will no doubt remember that we used to celebrate both Washington's and Lincoln's birthdays separately. In 1968 Congress passed the Uniform Monday Holiday Bill, which moved several federal holidays to Mondays..If signed into law, the Protecting and Preserving Social Security Act would amend title II of the Social Security Act to calculate cost-of-living adjustments based on the Consumer Price Index for Elderly Consumers. It would also amend the Internal Revenue Code to gradually eliminate the cap on income subject to the payroll tax..To help make the right saving and distribution decisions, get professional advice from professional financial advisors..We hope you will use these points and contact your own Senators and Representatives and tell them you are absolutely opposed to any payroll tax cut.

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This week, lawmakers continued working towards an omnibus spending bill to fund the federal government through the remainder of the fiscal year..If you own a pet and have been to the vet lately, the bill may have taken a big bite out of your budget. Like human healthcare, the cost of vet services is growing several times faster than inflation. But unlike human healthcare, the cost of vet services has been growing even faster than the cost of medical services from your doctor 68% faster in 2013 alone. And although you may have Medicare or some other type of health insurance for yourself, chances are you don't have health insurance for your pet meaning you foot 100% of the vet bills..If signed into law, the Social Security Preservation Act would require that all annual surpluses of the Social Security Trust Funds be invested in marketable interest-bearing obligations of the United States or obligations guaranteed by the United States. It also outlines certain requirements for determining the annual surplus of the Trust Funds. With the Social Security Trust Funds set to expire in 2033, TSCL believes that it is now more important than ever for Congress to protect and secure the program's monies. Rep. Paul's bill would do just that, and we were pleased to see support grow for it this week. … Continued

Faqs Faqs Health Insurance Marketplace And The Aca How Do I Find My State Marketplace

Here are three good books to help you get up to speed:.The I.O.U.s in the Social Security Trust Fund are a special type of non-marketable bond issued by the U.S. Treasury when excess revenues are received. The cash revenue that isn't needed to pay benefits is "borrowed" and used for other government spending. By law, the I.O.U.s held by the Trust Fund pay interest, and that forms an additional source of income - on paper, at least..Higher out-of-pocket costs: The drawback to MA plans is higher out-of-pocket costs. Where Medigap supplements pay most or almost all of your covered out-of-pocket costs, there are co-pays and deductibles for most services received through MA plans. Depending on the type of MA plan you are considering you may be required to use a narrower network of healthcare providers in order to get the lowest costs. If you are considering an HMO you will be required to use only the doctors, hospitals and providers in the HMO network, or neither the MA plan nor Medicare will reimburse your bills. … Continued