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Category Issues Cola Faqs Page 2
Should I Continue to Pay Into Social Security for Other Work I am Doing Now? .However, one week ago a federal judge in California issued a ruling stopping the implementation of the rule because of the "government's failure to complete the notice and comment procedures required by the Administrative Procedure Act." .In an interview this week, Rep. Charles Boustany (LA-3), who sits on the House Ways and Means Committee, revealed that the negotiators have hit a road block. They are struggling to come up with an offset for the bill, which could cost as much as 3.2 billion. Rep. Boustany said, "We're running out of time. We may end up with another one-year patch before it's all over. But, you know, we'll keep working, see if we can get to something." TSCL sincerely hopes that those on the three committees will successfully merge their bills to create a permanent, sustainable path forward. We will keep a close eye on the evolving negotiations in the coming weeks, and we will continue to urge lawmakers to repeal and replace the SGR. … Continued
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The Advisor Volume 16 No 5 July 2011 Feed
(Washington, DC) – About 56 percent of all Social Security households pay taxes on a portion of their Social Security benefits, according to a national survey by The Senior Citizens League. "Recently enacted changes in the tax law will increase both the numbers of taxpayers whose Social Security benefits are taxable and the portion of Social Security income that people will pay in taxes," says The Senior Citizens League's Social Security and Medicare policy analyst Mary Johnson. .By Representative Brad Wenstrup (OH-2) .You can go here to see the Mayo Clinic symptoms chart: … Continued
Local Lion's Club. Local chapters may have programs to assist people with severe vision impairment, and some clubs run the Affordable Hearing Aid Project, which distributes three types of affordable hearing aids. To find contact details for your local chapter, visit: Lions Club Directory. .This week, The Senior Citizens League was pleased to see support grow for three important bills that would strengthen the Social Security program if signed into law. .This past week the House of Representatives remained out of session, but committees continued to work remotely, holding briefings and forums over videoconferencing technology and conference calls. The House will hold votes next week on several issues that have come out of committees and are ready for a vote by the full body. .By Representative Alan Nunnelee (MS-1) .Find out the full cost of your new drug and whether your drug plan covers it, every year. Case in point: Using the Medicare Drug Plan finder I learned that my client's new brand name prescription cost more than a month for a 30-day supply, and her drug plan did not cover it. Because she was lucky enough to be in the middle of the fall Part D Open Enrollment period, however, my client was able to save ,080 in uncovered out-of-pocket drug costs in 2011 by switching drug plans. She was able to enroll in a plan that provided better coverage and reduced her drug cost to a co-pay. Once you determine that a new prescription is your best option, check your drug plan coverage and what you will pay for it — and do this every year. If the drug is expensive, and if your drug plan doesn't cover it, or drops coverage, you may want to go back to your doctor to see whether there is a less costly prescription that you can try. You can check the coverage and full cost of the drug using the Medicare drug plan finder at www.medicare.gov. .Sources: "Medicare Beneficiaries Sue US Over Hospital Stays," David Morgan, Reuters, November 3, 2011. .Under 1977 Projections Under Actual Conditions .Sen. Conrad's budget proposal is expected to spur serious negotiations on a long-term solution, but it is not expected to win passage. In fact, the Senate will not even vote on or make amendments to the proposal. Sen. Conrad has said that "the timing is not yet right" for a vote, but most have blamed Majority Leader Reid (NV) for refusing to bring a budget proposal to the floor in the midst of an election year. Many Senators, it seems, are beginning to look at the post-election, lame-duck session as the prime opportunity to tackle the deficit. As Sen. Conrad said this week, "That may be the only time members on both sides of the aisle will be willing to move off their fixed positions." TSCL will continue to monitor these negotiations in the meantime. .For those Social Security recipients concerned about making ends meet going forward, here are some tips:
