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But when you work, there's a limit to how much you can earn and still keep your benefits. When you are under full retirement age, your Social Security benefit will be reduced for every you are over the earnings limit..Most people don't realize how much money they give up by claiming benefits at age 6For example, consider a woman entitled to a monthly benefit of ,500 at her full retirement age of 6Assuming she lives to age 95 and receives cost-of-living adjustments of about 2.3%, she would receive 8,665 over the course of her retirement. Her final monthly benefit payment would be ,827..Last week Politico.com reported that major legislation meant to lower prescription drug prices has run into unexpected trouble in the House of Representatives..By Representative Cheri Bustos.More than two-thirds of medical practices report that 2019 Medicare payments will not cover the cost of delivering care to beneficiaries according to one poll..The BCRA, the "repeal-and-replace" bill that lawmakers have been working on for several weeks, was defeated on Tuesday night with a vote of 43 5The ORRA, the "repeal-and-delay" bill, was defeated with a vote of 45 55 on Wednesday afternoon. And the "skinny repeal" bill which would have repealed a few of the ACA's most controversial provisions was defeated early Friday morning with a vote of 49 51, just two hours after the text of the bill was revealed. The critical "no" votes came from three Republican Senators: Susan Collins, Lisa Murkowski, and John McCain..The hold harmless provision protects people who have their Medicare Part B premiums automatically deducted from their Social Security payments. If the Medicare Part B premium increase is greater than the amount of the COLA increase, then the Part B premium will be frozen to prevent a reduction in Social Security payments. The provision does not apply to new enrollees in 2016, people who pay their Medicare Part B premiums by check, low-income beneficiaries who have their Medicare premiums paid for by state Medicaid programs and high income people who pay premium surcharges..Here are some tips to help you budget:.Gradually, over 20 years, raise the Social Security payroll tax rate that workers and employers each pay from 6.2% of earnings to 7.2%. A worker earning ,000 a year would pay about 50 cents a week more each year, matched by the employer.