"The world's biggest drug makers and their trade groups have cut checks to 356 lawmakers ahead of this year's election - more than two-thirds of the sitting members of Congress, according to a new STAT analysis..TSCL believes stronger protections are needed and supports legislation that would prohibit using earnings from illegal work to determine Social Security benefits. What do you think? Take TSCL's 2015 Senior Survey now..the premium may become unaffordable..Unlike the rest of our tax system, which is progressive, meaning the lower the income, the lower the tax rate that people must pay - Social Security payroll taxes are regressive. The first dollar of earnings is taxed for Social Security, and all workers pay 6.2% tax on earnings - an amount that is matched by employers - but only on the first 8,500 in earnings. But because of the taxable maximum cap, the highest paid workers, like CEOs of major corporations who receive millions in wages and even Member of Congress, are pocketing a huge tax break, 6.2% of every dollar earned over 8,500..would significantly drive up costs for older Americans,.Senator Amy Klobuchar introduced S. 62 on January 9, 201It has since been referred to the Committee on Finance..Phasing in an increase in the payroll tax rate for workers and employers from 6.2% to 7.4% each over a period of twenty years. The gradual growth would mean an extra 50 cents in taxes per week each year for the average worker..It's hard to plan your optimal retirement age without a realistic idea of what to expect in lifetime Social Security income. Yet, according TSCL's 2017 Senior Survey, 71% of survey participants said that's exactly the situation they were in when they filed a claim for Social Security benefits. They did not know, and Social Security did not supply any estimate of what they could expect in total lifetime Social Security income based on their choice of retirement age..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.

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pricey, especially since you may pay for it years before you use it. Some.Annual Open Enrollment Period: The annual Medicare Open Enrollment period runs from October 15, through December 7, 201During this period you can compare and switch Part D stand alone drug plans and Medicare Advantage plans..When it comes to the Social Security cost-of-living adjustments many, if not most, of you say that you feel the government is cooking the inflation data. The COLA seldom seems to reflect the growing costs you experience. Two factors are to blame; the choice of a consumer price index used to calculate your COLA, and the methodology that our government uses to calculate price inflation to begin with. … Continued

Racial Equity And Health Policy Report A Profile Of African Americans Latinos And Whites With Medicare

However, TSCL does oppose two provisions that lawmakers included in the package to offset the cost of the 0 billion bill: one provision would increase Medicare Part B and Part D premiums for wealthier seniors, and the second one would create a new 0 deductible for supplemental Medigap plans. Both provisions will require seniors to pay more for their health care, and TSCL feels strongly that seniors should not be required to cover the cost of the poor policy-making decisions that were made by Congress nearly twenty years ago..Get multiple meals from one food item: Any meat, like ham or turkey, that's relatively low cost, provides plenty of leftovers, and freezes well, is one to consider for company entertaining. After the first meal, slice the leftovers and wrap in individual servings and store in plastic zipper bags in freezer. Use the remaining bone and small meat scraps for making soups. If you can't make soup right away, bones and scraps can be frozen until you need them..For frequent updates on the status of the spending bill, visit our pages on Facebook or Twitter. … Continued

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