Newsroom Abbott Northwestern Foundation Announces Vanderboom Learning CenterJust hours after the trustees released their annual reports on Wednesday, members of the House Ways and Means Social Security Subcommittee met with Chief Actuary Stephen Goss to discuss the findings. Many of those present at the hearing expressed their commitment to addressing the program's funding shortfall. Chairman Sam Johnson said, "The longer we wait, the tougher it will get to fix Social Security. So the sooner we act the better." Chief Actuary Goss agreed, saying: "The trustees have consistently advised that enacting changes soon, even if with delayed effective dates, will allow more options to be considered, more advance warning for those affected, and a more gradual phase-in of adjustments.".This week, House and Senate lawmakers remained in their home states and districts to continue the two-week spring recess. They are expected to return to Capitol Hill on Monday, April 29th. In the days ahead, Members of Congress may be hosting town hall meetings and attending events in their home states and districts..Two provisions of law, known as the Windfall Elimination Provision and Government Pension Offset unfairly reduce, or even completely eliminate, the Social Security benefits of millions of Americans who have devoted their careers to public service, in addition to having worked other jobs that withheld payroll taxes for Social Security. … Continued
Health Costs State Indicator Total Sales For Retail Rx DrugsThe CBO option would change the taxation of Social Security to be more like distributions from defined benefit pension plans. Those distributions are fully taxable except for the portion that represents the recovery of "basis," or what an employee paid in - that is, his or her after-tax contributions to the plan. Once the recipient has recovered his or her entire "basis" all subsequent pension distributions are fully taxed..It's likely the surprise billing package will be attached to the year-end government spending bill, as lawmakers attempted to do late last year, assuming they can come to an agreement by the end of the year..The Senior Citizens League is working for enactment of legislative measures that would lower prescription drug costs. To learn how to get involved, visit. … Continued