TSCL believes that Medicare healthcare costs already cause many beneficiaries to shoulder a heavy financial burden in retirement. Cutting Medicare benefits, while shifting more costs to beneficiaries, would be the wrong way to strengthen program financing..The Social Security Trust Fund is the single biggest government account to which the U.S. Treasury owes money, with obligations currently totaling about .8 trillion dollars. From the mid 1980s until 2010, the Social Security Trust Funds received more revenues than required to pay benefits. Under current law, when surplus revenues are received, the Treasury issues special bonds or I.O.Us to the Trust Funds and excess revenues are used for other government spending. The government is required by law to pay interest on those I.O.U bonds..But in 2017, if your AGI remains ,000, you could deduct only allowable medical expenses over 10% of your AGI, or ,000. If you again had medical expenses of ,000, you would only be able to deduct ,000. In this example you you would pay taxes on an additional ,250..The debate over cutting entitlement spending, however, isn't new. For years, proposals to cut Social Security and Medicare benefits have been put forth from both sides of the aisle. Consider:.sources of income to add to your Social Security. Here's how:.TSCL Endorses Lock-Box Bill.This week, the Congressional Budget Office released its analysis of the Senate's new Better Care Reconciliation Act, and leaders in the Senate postponed a vote on it until after the week-long holiday recess..There were reports recently that Republicans in the House of Representatives are insisting that stemming the growth of Social Security, Medicare and Medicaid costs is necessary. Bloomberg news reported on a House Budget Committee hearing about a new Congressional Budget Office report that projects trillion-dollar deficits for the next decade..Start watching the mail for your new Medicare card. The Center for Medicare and Medicaid Services will start mailing the cards this month and plans to replace all existing Medicare cards over the next year - by April of 2019.

Patient Education Your Recovery At Home Older Brothers And Sisters

But should President Trump win a second term there will be pressure on him from members of his own party and some of his long-time supporters to violate his pledge to protect Social Security and Medicare when he ran for President the first time..Action on Capitol Hill this week has been limited as Congress re-convenes on January 17th. Meanwhile, members of the payroll tax Congressional Conference Committee were named, while the Center for Medicare and Medicaid Services announced a plan for increased efficiency and savings..Squeeze your home for cash - If your home can be divided into … Continued

States And Covid 19 Vaccine Distribution Oas Episode 119

High-income beneficiaries who pay an income-related surcharge in addition to the basic premium..The I.O.U.s in the Social Security Trust Fund are a special type of non-marketable bond issued by the U.S. Treasury when excess revenues are received. The cash revenue that isn't needed to pay benefits is "borrowed" and used for other government spending. By law, the I.O.U.s held by the Trust Fund pay interest, and that forms an additional source of income - on paper, at least..Because Medicare Advantage plans receive a capped monthly reimbursement for each beneficiary, TSCL is concerned that there is a potential financial incentive for Medicare Advantage plans to inappropriately deny some services or prescriptions in an attempt to increase their profits. Denial of medically necessary care and prescriptions can worsen your health, as well as leading to high out-of-pocket costs, financial burdens, and debt. … Continued

Contact Atavista Farm Today!