Transportation Traffic Safety 2020 Impaired Driving Trends To Watch Magazine2020By using reconciliation, it would mean there would have to billions of dollars cut from current spending programs, including Medicare..Cutting Benefits for Current Retirees or Any Americans Over Age 50: Many current retirees are already struggling financially, and people need adequate time to plan and prepare for changes to something as important as Social Security..In addition to rapidly growing Medigap premiums, retirees also must pay for premiums for Medicare Part B and their drug plans. The combination takes a bigger bite out of Social Security benefits and other retirement resources when COLAs fail to keep pace. "The financial drain on benefits is difficult to anticipate, and many retirees don't have adequate savings to begin with," Johnson says. … Continued
After Staggering 101 Covid Deaths Reported Friday Doctors Warn Of More High Fatalities On The WayTSCL Mounts Nationwide Effort Fighting COLA Cuts."My husband passed away September 5, 200What will happen to his lump-sum if they ever decide to pass Notch Reform? What would happen to my lump-sum if I should die now? Would my daughter get it? It seems they are waiting for us all to die.".Some have hailed this provision as the closing of a "loophole," while others have said the provision will cause companies to cut jobs, and cut prescription drug coverage for retirees. Because companies would no longer be able to deduct the subsidy, it would increase the taxes they expect to pay under current law. The Senior Citizens League is monitoring this provision's potential effects on retirees. TSCL is concerned that some employers may cancel the often-generous prescription drug coverage that they provide to their retirees as a result of the expected increased costs of providing that benefit. If any retirees lose their current prescription drug coverage, they could then go through Medicare Part D to get their prescription drug coverage. … Continued