According to the Senate Special Committee on Aging some drug companies share this common business model which is leading to huge price spikes:.If signed into law, H.R. 4012 would provide Social Security beneficiaries and retired military members with a 3.9 percent COLA in 2016, which would amount to around 1 for the average beneficiary. It would offset the cost of the emergency COLA and extend the life of the Social Security Trust Funds by closing tax loopholes for corporate executives..CBO Scores BCRA, Leaders Postpone Vote.Also this week, one new cosponsor Rep. Lou Barletta signed on to Rep. John Duncan's CPI for Seniors Act. The cosponsor total for this bill is now at 11..The panel discussed the following options for strengthening Social Security, among others: updating the benefit formula for low-income workers, modifying the annual cost-of-living adjustment to make it more accurate, increasing survivors' benefits, and creating caregiver credits for those who support aging parents. However, the focus of Wednesday's hearing seemed to be on addressing the insolvency of the Social Security Disability Insurance program..The earliest age at which people can retire is age 6But that's about the worst age to retire. When people retire prior to "full" retirement age, their benefits are reduced, by as much as 30% depending on age. Full retirement age is the age at which retirees qualify for full, un-reduced benefits. That age varies, depending on when you were born, and people need to take action to confirm their full retirement age. Waiting until age 70 allows retirees to maximize their benefit by taking advantage of a delayed retirement credit of 8% per year..The unexpected change received no prior public debate, it went into effect almost immediately, and it hit seniors who were just months away from claiming benefits. In a poll recently conducted by TSCL, 70% of respondents said they viewed the change as an "unnecessary benefit cut" rather than a "closure of an unintended loophole," as portrayed by Congress..you have assets exceeding million, you should be able to pay for care.Take a Monthly Poll!

State Indicator Percent Of Adults Reporting Not Seeing A Doctor In The Past 12 Months Because Of Cost By Raceethnicity

To read more about Medicare see the 2015 Medicare & You handbook. Get a copy here..Can You Live On Social Security Alone?.Not only has our government changed the way inflation is measured, and thus reduced Social Security benefits, they accomplished this without a single vote by our elected lawmakers. Congress has ducked their responsibility by leaving the job of tinkering with the math to unelected economists, leaving voters with no opportunity to hold anyone accountable. … Continued

Education Education Bill Tracking Database

On Thursday, more than ninety new lawmakers were sworn into office and members of the 113th Congress assembled for the first time. The House of Representatives gained eighty-two new lawmakers forty-seven Democrats and thirty-five Republicans and the Senate gained twelve newly elected lawmakers eight Democrats, three Republicans, and one Independent..Extra Help pays for your Part D plan premium, up to a specific amount, based on your state..The Social Security Trust Fund is the single biggest government account to which the U.S. Treasury owes money, with obligations currently totaling about .8 trillion dollars. From the mid 1980s until 2010, the Social Security Trust Funds received more revenues than required to pay benefits. Under current law, when surplus revenues are received, the Treasury issues special bonds or I.O.Us to the Trust Funds and excess revenues are used for other government spending. The government is required by law to pay interest on those I.O.U bonds. … Continued

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