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Trump Gives up his Demand for a Payroll Tax Cut.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..The CBO estimated last November that if lawmakers wished to raise the amount of covered earnings subject to the payroll tax to 90 percent of covered earnings, then the taxable maximum would need to be set at 6,400 in 2017 and to rise to 5,000 by 202"Legislation was introduced in December that would impose deep benefit cuts," Johnson notes, "but had no provisions to provide new revenues. " "Lifting the taxable maximum cap would provide new revenues to Social Security and it could also provide a modest boost to Social Security benefits, and more adequate COLAs to all people when they retire," Johnson points out. "Our lawmakers should not be allowed to hide this option under the rug," she says. "Raising the payroll taxable maximum is the means of providing greater retirement security and long - term program solvency, " Johnson says. "We can save Social Security without the deep cuts.".Over the past four years, TSCL's surveys have found that about 9 out of 10 people receiving Social Security benefits report that their household spending rose by at least per month during the prior year. But that's just the tip of the iceberg. "Retirees need to plan for large monthly jumps in spending annually over the course of their retirement," Johnson says. In every year since 2014, the largest percentage of those people participating in TSCL annual Senior Surveys reported that their household spending jumped by more than 9 per month. Since 2014 annual COLAs grew a total of just 3.5 percent, averaging less than 0.9 percent per year. One factor in why retirees have such a gap between their COLA and spending is the consumer price index that the government uses to measure inflation and to determine the annual boost. "One would think that the CPI used to calculate COLAs for retirees would be based on seniors' spending patterns, but it is not," says Johnson. Instead, the COLA is determined by the growth in the Consumer Price Index for Urban Wage Earners and Clerical Workers. Younger working adults spend a far smaller portion of their income on medical costs, which is the fastest growing category of the CPI in most years. On the other hand, younger working adults spend more on transportation and gasoline, categories that have gone down dramatically in recent years. "This tends to understate the inflation experienced by the majority of people receiving Social Security," notes Johnson..Surprise Billing."The side effects of the drug, to be sold as Aduhelm by maker Biogen, are troubling and the cost is staggering, at ,000 per year 'forever,' doctors told STAT. More than one-third of trial participants developed brain swelling and 17% to 19% had small bleeds in their brains.".In order to cover shortfalls - in 2021, and every year thereafter - the Social Security Trust Fund will liquidate the special issue bonds it holds in order to pay scheduled benefits until the program becomes insolvent. According to the Social Security Trustees in 2020, without Congressional action, the combined Social Security Trust Fund will become insolvent around 2034, a little more than ten years from now. At the time of insolvency, Social Security will only receive enough revenues to pay about 77% of benefits. In other words, Congressional inaction could result in an automatic benefit cut of about 23%..The agreement would make patients responsible only for their in-network cost-sharing amounts for both emergency services, including air ambulances, and some non-emergency care, according to the outline..Replace windows and roofs only when necessary. Windows and roofs are expensive and no fun for older homeowners to replace. While homebuyers expect roofs and windows to be in good condition, replacing them may not dramatically boost the resale value of your home. Get the opinion of your real estate agent.

State Indicator Part D Lis Benchmark Premium Subsidy Amounts By Pdp Region
The revenues raised from the taxation of Social Security benefits are used to pay Social Security and Medicare benefits. In 2017, the Social Security trust fund received .9 billion of its 5.6 billion in revenues from the taxation of benefits and the Medicare trust fund received .2 billion of its 9.4 billion in revenues..The largest amounts of money come from corporate and special interest groups who want certain legislation passed or stopped..Social Security beneficiaries have lost nearly one-third of their buying power since 2000, according to the 2017 Social Security Loss of Buying Power Study released by The Senior Citizens League. The findings represent a big 7% loss in buying power just over the past 12 months, from 23% in 2016 to 30% in 201This occurred as inflation has begun to climb, but people receiving Social Security received an annual cost-of-living adjustment of just 0.3% for 201Housing and medical costs - particularly for prescription drug expenses - were among the most rapidly rising spending categories over the past year. … Continued

Let S Talk About Voting Outside The Polling Place
In a Wednesday speech on the House floor, Speaker John Boehner stated, "What we are dealing with is a President who has ignored the people, ignored the Constitution, and even his own past statements. In fact, on at least twenty-two occasions, he has said he does not have the authority to do what he did." In response to the bill's passage, White House officials issued a veto threat and said "there's no reason to tinker with the administration's actions at all.".Besides heart attack and stroke, heightened risk for heart failure and coronary artery disease was linked to fried food consumption, too..Medicare counseling: Counselors provide free one-on-one assistance to help you and your mom understand what Medicare covers, and other insurances, such as Medicare supplements and Part D plans, and Medicare Advantage. In addition, you can get information about the limitations of Medicare coverage of long-term care. A counselor may be able to explain the requirements to help you determine if your Mom would qualify for Medicare Savings Programs or Medicaid. … Continued

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