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Since 2000, Social Security benefits have lost 23 percent of their purchasing power due to inaccurate inflation adjustments based on the CPI-W. This year, for instance, seniors would be receiving a 2.1 percent Social Security benefit increase if the COLA were based on the CPI-E. Instead, they are receiving a 0.3 percent COLA that is offset completely by increased Medicare Part B premiums..Medicare spending in 2013 accounts for 16% of the federal budget. That spending is projected to almost double as a share of the nation's economy in coming years, according to the Congressional Budget Office. The House, Senate, and the President's budget plans contain a number of provisions that would cut federal spending on Medicare. But how do senior voters view the proposals?.Does Medicare provide coverage for eye care services or eyeglasses?.I take my checkbook off the table, and see that there is only 1 check left..The Social Security Administration also included a fact sheet that confuses things for any recipient who, like me, is currently age 6It shows an example of how benefits would grow from age 66 and 2 months through age 70. The 66 and 2 months is the full retirement age of people born after 1954..TSCL enthusiastically supports the Social Security Guarantee Act since it would go a long way in ensuring the retirement security older Americans have earned and deserve. At a time when many in Congress are considering proposals that would cut Social Security benefits, we believe its passage is more important than ever..The new drug's availability expands the choices that patients and physicians have for treating the chronic, metabolic illness diabetes. The new product potentially reduces the cost of treatment for patients as they navigate different options..Because Medicare is such a crucial program, most members of Congress usually stumble over themselves to protect it. However, if the situation ever presents itself, they will use threats to Medicare to bash the other party..Split your pills if you can: You can further cut your costs in half by splitting your pills in half. Ask your doctor if pill splitting would work with your prescriptions. Your doctor would need to write a prescription with a dosage twice as high as you normally take. You can readily find inexpensive pill splitters at your pharmacy. If you do split your pills, make sure your family and emergency caregivers also know! Carefully label all prescriptions that require splitting.