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The estimated depletion date for the Medicare Part A trust fund is 202At that time, program income will be sufficient to pay 90% of total scheduled benefits. The Part B trust fund is financed differently, with premiums and general revenue funding changing each year to reflect projected spending, so Part B is expected to be adequately financed "for the next 10 years and beyond.".Lawmakers on both sides of the aisle at Wednesday's hearing expressed their strong interest in addressing the growing DI backlog. In his opening statement, Subcommittee Chairman Sam Johnson said: "Today, over one million people are waiting for a hearing with a Social Security Administrative Law Judge, and on average these folks will wait around 600 days to get that hearing. That's nearly two years!" He continued, saying: "While not all of them will qualify for DI benefits, all of these people deserve an answer in a timely fashion. And for those who don't qualify for benefits, these long wait times make getting back to work even harder.".These provisions are outdated and unfair to many seniors, and it's time to repeal them. Workers who paid into Social Security and their spouses should not be penalized and lose earned benefits for working in public service and the private sector. If you paid into Social Security, this is your money, not a government entitlement or subsidy.."Social Security: What The Latino Community Should Know," National Council of La Raza, 2014..Retirement accounts allow your savings to grow tax-deferred, but the rules change when you turn age 70 ½. At 70 ½, traditional IRAs require the owner to take required minimum withdrawals and you can't contribute any more savings. But you can still continue to put money into other types of retirement accounts, including Roth IRAs and some types of 401s, as long as you have earnings from jobs..In a recent Senate Special Committee on Aging hearing, U.S. Senator Claire McCaskill questioned medical and pharmaceutical industry leaders about the financial relationship between physicians and drug companies. Pharmaceutical companies currently spend billions of dollars annually 90 percent of their marketing program on gifts, lunches, drug samples, and sponsorships of education programs for doctors without any form of public disclosure, leading many to question whether economic incentives provided by the industry cloud physicians' judgment and put profits ahead of patients..Date Posted: January 2011.Currently, Social Security COLAs are based on the way young, urban workers spend their money not the way Social Security beneficiaries do. As a result, goods and services like gasoline and electronics are weighted more heavily than housing and health care two of the fastest growing costs for older Americans. If the COLA were actually based on the way retirees spend their money using the more accurate CPI-E, Social Security beneficiaries would not be receiving a 0.3 percent COLA in 2017, they would be receiving a 2.1 percent increase, according to new data from the Bureau of Labor Statistics..TSCL will be keeping a close eye on this subject because we know that so many seniors and their families are desperately hoping there will be some new breakthrough that will effectively treatment Alzheimer's and other forms of dementia. But the cost of this drug is so expensive, and it could have a major impact on the Medicare budget that already is in critical financial condition.