State Indicator Individual Market Rating Reforms As Of January 1 2014Extending The Payroll Tax Cuts: Employees' Social Security payroll taxes were reduced by 2 to 4.2 percent in December. Because it makes the Social Security trust funds reliant on general revenues, it would jeopardize the Administration's ability to fully pay Social Security benefits now, especially as we approach the August 2nd debt limit..New retirees can be caught off guard by the tax, and the Social Security Administration's information about it "can be easily misunderstood," Johnson notes. Information about the tax on the Social Security Administration's website says that the tax affects retirees with "substantial income." It states: "Some of you have to pay federal income taxes on your Social Security benefits. This usually happens only if you have other substantial income in addition to your benefits..After passing The Middle Class Tax Relief and Job Creation Act late last month, Congressional leaders quickly began selecting conferees to be named on the payroll tax conference committee. The bi-partisan panel will negotiate details beyond the 60-day payroll tax holiday extension and "doc fix" that will expire March 1st. … Continued
Medicaid Issue Brief Medicaid Retroactive Coverage Waivers Implications For Beneficiaries Providers And States View FootnotesBy Rick Delaney, Chairman of the Board.TSCL Endorses New Legislation.TSCL's Take … Continued