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He had demanded a payroll tax cut previously this year. Thankfully, Congress did not go along with him when it passed the previous legislation meant to deal with the coronavirus pandemic and the ailing economy that resulted..The period covered by the Notch is a major area of dispute. When benefits are represented on a chart, the disparity forms a deep "V" notch. Benefits plunged from a peak for retirees born in 1916 and hit the lowest part of the "V" for those who were born in the years 1920-2Benefits began to rise for those born in 1922 until they became level with other retirees, starting with those born in 192See illustration below..As we've said, lowering drug prices is a top goal of Democrats, including President Biden. Republicans have indicated they will not support that effort so the Democrats have to pass it with just their own members. With only the slimmest of majorities in both the House and Senate, the Democratic leadership has to try and keep all of their members on board..When it comes to the big drug companies, they do not want limits on the costs of the drugs they manufacture. That is why they make so many campaign contributions..Sen. John Cornyn introduced H.R. 1190 on January 8, 201It has since been referred to the Committee on Finance..My brother, age 65, is cognitively impaired. He can't read or understand finances, but he's married, able to work and earns a modest living. He owns a small home that was purchased for him through a family trust. Recently he signed a loan for a 2013 Nissan with almost 60,000 miles - that cost ,000 including financing. He signed the contract even though he can't read or understand the amount he owes or how long it would take to repay..By using reconciliation, it would mean there would have to billions of dollars cut from current spending programs, including Medicare.."The government now finds itself trying to figure out how to satisfy patients who desperately need help, even though scientists think this particular treatment lacks strong evidence for its effectiveness and policy experts warn it is setting up a budgetary nightmare for Medicare in the future.".Even though the rate of inflation is dropping, a proposal that would switch to a more slowly-growing CPI to calculate COLA continues to be pushed by proponents on both sides. The Congressional Budget Office has estimated that the "chained" CPI would reduce the federal budget deficit by more than 0 billion in the first ten years. It would do so by cutting the growth in a host of federal benefit programs, including military retirement in addition to Social Security, as well as increasing revenues if used to index the tax code.