Newsroom River Falls Honored As 2021 Top 100 Critical Access HospitalTwo new cosponsors Senator Cory Booker and Senator Deb Fischer signed on to the bipartisan CREATES Act, bringing the total up to thirty in the Senate. If adopted, the bill would increase competition in the prescription drug industry by encouraging generic and biosimilar drug manufacturers to introduce their products to the market more quickly..If signed into law, the Protecting and Preserving Social Security Act would amend title II of the Social Security Act to calculate cost-of-living adjustments based on the Consumer Price Index for Elderly Consumers. It would also amend the Internal Revenue Code to gradually eliminate the cap on income subject to the payroll tax..The coronavirus emergency spending bill that Congress just passed was not "paid for," in Washington's language. It was added to the deficit, which means the government will borrow the money to pay for it. … Continued
Blog Corrections Reform Leaders Share ExperienceIn the months ahead, The Senior Citizens League will continue to advocate tirelessly for the bipartisan Seniors Have Eyes, Ears, and Teeth Act, and we hope to see it signed into law before the 115th Congress comes to a close at the end of this year. In the meantime, we encourage our supporters to contact their elected officials to request their support for H.R. 50For contact information, visit our website at. There, you can also share your story with The Senior Citizens League and tell us how you would benefit from the passage of the Seniors Have Eyes, Ears, and Teeth Act..According to economist John Haldi, Ph.D., who performed a comprehensive analysis of the Notch in 2003, "The result of their formula should have been re-examined years ago to see if it achieved a basic level of fairness, but all prior reviews seem to have been designed to minimize and dismiss the problem, rather than recognize and remedy it. The factors that led to the Notch need to be reviewed again.".Like all things tax-related, it's important to estimate income accurately. Estimate too low and you may wind up having to repay those premium subsidies in higher taxes. Taking too low a subsidy may mean paying substantially more in premiums, but a bigger tax refund. If you take the tax credit in advance, changes to your income or family size could affect your health insurance subsidies and you will need to report those changes during the year. You can also opt to take a partial subsidy to both lower the premium and avoid repayments if your income fluctuates. … Continued