Don T Sleep On Election Cybersecurity Cyber Criminals Won T Magazine2021This year's study finds that Social Security benefits have lost 30 percent of buying power since the year 2000. This represents a 3-percentage point improvement in Social Security buying power from our 2019 study, which found a loss of 33 percent since 2000. While lower prices are good news in the short term, the deflationary trend suggests a very low COLA in 2021..Get started now on a financial habit that can give you big savings for the time you invest in shopping around..The Joint Select Committee on Deficit Reduction was created under the Budget Control Act of 2011, and is charged with finding at least .2 trillion in deficit cuts by Thanksgiving. It will likely consider proposals to reform Social Security and Medicare. … Continued
Prevent Reduce Your Risk For Colon Cancer Through DietFinally, one new cosponsor signed on to Rep. Allyson Schwartz's Medicare Physician Payment Innovation Act this week. Rep. Bob Filner announced his support, bringing the total up to twenty-eight..Most Americans contribute 6.2% of every paycheck to Social Security, but due to the taxable maximum earnings cap, wealthy individuals earning more than 8,500 pay nothing above that amount. Do you support increasing or eliminating the maximum taxable earnings limit to make the program more solvent?.During the nation's recovery from the 2007- 2009 Great Recession, and Troubled Asset Relief Program bailouts, Social Security and Medicare became frequent targets of deficit cut negotiations. Deficit plans included proposals to reduce annual cost-of-living adjustments by tying it to the more slowly growing chained consumer price index. The Budget Control Act of 2011 led to automatic 2% annual Medicare cuts on payments to providers. "That cut affected all Medicare providers, including hospitals, doctors, nursing staff," Johnson observes. "These are very same providers that are now so dangerously strained by the coronavirus pandemic." … Continued
