Blog Do States Need More Federal Assistance In The Next StimulusEliminating the payroll tax is estimated to put more money into the pockets of working people. But at today's savings rates, that could leave even more Americans much worse prepared for retirement than they already are. "By far the biggest winners of this proposal would be the share - holders of the nation's largest employers," Johnson says. "Companies would pocket the 6.2 percent payroll tax they currently spend matching the 6.2 percent withheld from employees, making this one of the biggest corporate tax breaks in our nation's history." "This proposal is an insidious attack on the finances of all Social Security beneficiaries," Johnson says..This week, one new cosponsor Rep. Dennis Ross signed on to Rep. Ron Paul's Social Security Preservation Act. The cosponsor total is now up to eleven..That's the case for Ninon Ruscher and her husband John of Tuscon, Arizona, who rely on Social Security for all of their income. Mrs. Ruscher says that, "seniors who rent their own homes are in a precarious financial situation." "Once we pay the monthly bills, we sit at home. We don't have the money to do anything or go anywhere. Once the food runs out we have to wait until our next Social Security payment," she adds. Mrs. Ruscher notes that even though her husband receives health benefits through the Veterans Administration, and she's enrolled in a Medicare Advantage plan, they are still trying to pay off expenses from her recent surgery earlier this year. … Continued
Blog Cardinals President Michael Bidwill On The Nfls Past And Presentyears, seniors participating in TSCL surveys say they are putting off visits to.On Monday, President Obama released his .066 trillion budget blueprint for fiscal 201His plan puts an end to the so-called "sequester" and increases spending for defense and discretionary programs by 7 percent. Upon releasing the blueprint, he said, "I'm not going to accept a budget that locks in sequestration going forward. It would be bad for our security and bad for our growth. I want to work with Congress to replace mindless austerity with smart investments.".Help! Social Security Estimates That I Earned 0,320 And Stopped My Benefits! … Continued