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  • Two Thirds Of Older Households Spending More Than 24 Percent Of Their Social Security Benefits On Healthcare

    But bigger deficit reduction would be possible if Social Security taxes were made more equitable. Under current law, high-income earners — people with earnings higher than Social Security's taxable maximum of 7,000— pay nothing on earnings over that amount. In other words, someone earning ,117,000 pays no Social Security taxes on the one million above 7,000. Yet workers earning less than 7,000 pay Social Security taxes on every dime of their wages. The CBO estimates that simply raising the taxable maximum to 7,500 would bring in 0 billion in new Social Security revenues through 202Taxing all earnings would eliminate up to 90 percent of Social Security's funding problems. .In recent years the Earnings Suspense File has been growing at an unprecedented pace. A spokesman for the Department of Homeland Security, Russ Knocke, was recently quoted as saying that, last year, as many as 10% of the wage reports received by the Social Security Administration (SSA) belonged to employees whose name and Social Security number did not match those of SSA. .The new Antimicrobial Action Fund will look to buy or invest in small antibiotic companies and their products and will work with the World Health Organization and the European Investment Bank to identify promising prospects. The fund is expected to start operations by the end of the year and hopes to bring to market at least two to four novel antibiotics by 2030. … Continued

  • Best Ways To Save September 2020

    A few weeks after a 90-year old woman was moved into an assisted living facility, her daughter was surprised to be told that her mother was a good candidate for hospice. The move to assisted living was only intended for help with her mother's daily care, and her. Another Banner Year For Medicare Fraud? , editor .By Jessie Gibbons, Legislative Director .For example, the CMF report offers suggestions on how House member offices can most effectively absorb additional cuts. Most notably, these include salary freezes, a potential shift to increased e-mail use over traditional mail, and limited travel expenses to district functions. … Continued

Under current law, noncitizens who gain temporary work authorization can qualify for long-term Social Security benefits based on work that was done, prior to gaining authorization, under invalid Social Security numbers. Once they receive green cards, they become entitled to benefits based on prior "illegal" work. If elected, would you support legislation to modify this policy? .home care. Concerns have been raised that health plans may not have adequate capacity to handle enrollment of large numbers of dual eligibles en masse in 201In addition, the Medicare Payment Advisory Commission (MedPac) has said that only a limited number of health plans have any experience managing benefits for this complex population. .The issue is of huge importance. Feds Shut Down .2 Billion Medicare Scheme — Finally , editor .An immigration program launched by the Obama Administration two years ago has issued valid, work-authorized Social Security numbers to about 600,000 applicants who attest to be in the country illegally. The program, known as "Deferred Action For Childhood Arrivals," is one of a series of administrative amnesty initiatives by President Obama to stop deportations of immigrants and let undocumented immigrants who meet the qualifications work in this country despite illegal status. Now immigration activists are pressuring President Obama and Members of Congress to expand the Deferred Action program, or pass immigration reform. .How accurate is it? .Many expected the Obama administration to seek an emergency review of the decision by the Supreme Court, but on Wednesday, the Justice Department announced that it would not. Instead, the administration said it will focus on another 5th Circuit hearing that's scheduled for the week of July 6th. .Depending on health, and type of Medigap coverage, seniors would get hit with up to ,100 per year in new costs that were previously covered by their health plan. .When we contacted the governor's office for evidence to back up DeSantis' comments, press secretary Cody McCloud didn't produce any studies or statistics. Instead, he cited the Florida Department of Health's contact tracing program, writing that it "has not yielded any information that would suggest any patients have been infected while travelling on a commercial aircraft." .Obama Urges Lawmakers in the State of the Union Address