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So it could be significant this week that a Republican member of the Federal Trade Commission, Christine Wilson, stated that she believes Medicare should have more power to negotiate drug prices. She acknowledged that her position would be controversial among her fellow Republicans because they argue that allowing Medicare to negotiate with the pharmaceutical companies would essentially allow Medicare to set drug prices and stifle development of innovative new drugs. As the year progresses, we shall see if her views make any difference..you have assets exceeding million, you should be able to pay for care.Finally, the platform closes by saying, "Saving Social Security is more than a challenge. It is our moral obligation to those who trusted in the government's word.".That said until you crunch the numbers it's hard to say whether itemizing your medical expenses or taking the standard deduction would be the better option..If adopted, S. 99 would provide for the negotiation of lower covered Part D drug prices on behalf of Medicare beneficiaries and the establishment of a formulary by the Secretary of Health and Human Services under Medicare Part D..Editor's Note: Please DO NOT postpone getting care in emergencies. Do not delay care for chest pain, stroke symptoms or the onset of a diabetic reaction. Seek immediate treatment!.or favorite hobby into a sideline business, or offer your expertise as a.Legislation introduced by Senator Bernie Sanders and a similar bill introduced by Representative John Larson would provide a boost in Social Security benefits by about to for most recipients, would increase cost of living adjustments by basing the increase on the CPI-E. It would pay for the expanded benefits and restore long - term solvency to the program by making the wealthiest Americans pay their fair share of taxes. Under current law those earning more than 8,500 pay nothing on earnings over that amount..Petition to Congress: A Fair Cost of Living Adjustment for Social Security Benefits

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The programs were struggling even before sequester. Federal funding has remained flat for years, even though about 10,000 Baby Boomers retire every day..Millions of seniors are scammed each year just like Mr. and Mrs. Shiman. In her opening statement, Chairman Susan Collins said: "According to the Government Accountability Office, America's seniors lose a staggering .9 billion a year to an ever-growing array of financial exploitation schemes and scams … Today we are putting criminals on notice that they will be stopped and they will be brought to justice."."Even under limited immigration reform that provides only work authorization and a valid Social Security number, immigrants would become entitled to Social Security benefits," Cates says. "Citizenship is not a requirement to receive benefits," he adds. But with Congress and President Obama debating cuts to Social Security, seniors are lining up against reform that would allow millions of new immigrants to benefit from work under fraudulent numbers. A recent TSCL survey found that 87 percent of seniors strongly favor prohibiting payment of Social Security benefits that are based on earnings from unauthorized work. TSCL supports immigration reform measures that would prohibit earnings from work prior to gaining legal authorization for use in determining Social Security benefits. … Continued

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Charitable contributions, and the donation of goods, provided you have receipts for the donations..The report assumes that no other change would be made in the law and that the lost revenues would not be replenished with general revenues from the Department of the Treasury..Lower revenues from the taxation of Social Security benefits. About 4% of Social Security's financing comes from the taxation of benefits. Because many retired household incomes were impacted by lower earnings, along with business and retirement account losses in 2020; the amount of revenues from the taxation of Social Security benefits was lower in 2020. … Continued