The Social Security taxable maximum is tied to the wage index, but according to the Congressional Budget Office, the limit on the amount of wages that can be taxed has not kept up with the growth of wages of the most highly paid workers. Because wages for high - income earners are growing faster than for other workers, the taxable share of the nation's earnings subject to Social Security payroll taxes is falling - from 90 percent in 1983 to 82 percent in 201The trend is forecast to continue, with the CBO projecting the share of earnings subject to payroll taxation to drop to below 78 percent by 2026..Questions To Ask At Your Next Town Hall.Failing To Lift The Debt Limit Would Put Social Security Checks On Hold.Here are some things to consider:.The survey showed that many people did not know how to safely use different cleaning products, even as most said they knew how to properly store and use them. About a quarter of respondents knew that only room temperature water should be mixed with bleach, and a third knew not to mix bleach with vinegar. More of the respondents - about two thirds - knew that eye protection and gloves were recommended when using certain cleaners.."Hospitals Struggle to Restart Lucrative Care After Coronavirus Shutdowns," Reed Abelson, The New York Times, May 17, 2020..The President should not sign or send the current totalization agreement with Mexico to Congress. Should the President nevertheless do so, Congress should disapprove the agreement..Social Security beneficiaries have lost nearly one-third of their buying power since 2000, according to the 2017 Social Security Loss of Buying Power Study released by The Senior Citizens League. The findings represent a big 7% loss in buying power just over the past 12 months, from 23% in 2016 to 30% in 201This occurred as inflation has begun to climb, but people receiving Social Security received an annual cost-of-living adjustment of just 0.3% for 201Housing and medical costs - particularly for prescription drug expenses - were among the most rapidly rising spending categories over the past year..Sen. Enzi, one of the leading negotiators, said in a statement: "Congress is poised to approve a 10-year balanced budget for the first time since 2001, which represents an important step in confronting the nation's chronic overspending. This will help change the way we do business here in Washington to make the government live within its means just like hardworking families."

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The Social Security Notch is the unexpectedly steep drop in benefits that affects people born from 1917 through 192This generation of seniors receives lower benefits than other seniors who had nearly identical work and earnings histories..Years later, those earnings records may be accessed when a non-citizen files a claim for Social Security benefits..By Representative Mike Garcia … Continued

Prevent Manipedi Is It Time To Take A Breather

A lot is at stake. Members of Congress and President Obama have been considering cuts to Social Security cost-of-living adjustments to lower government spending cuts that still remain on the bargaining table. In addition, the Social Security Disability Insurance Trust Fund will be fully exhausted in just three years, according to the Congressional Budget Office. An immigration amnesty would give new access to Social Security for an estimated 11.5 illegal immigrants currently in the U.S., who would become eligible for benefits that potentially include credit for earnings under fraudulent Social Security numbers..TSCL would like to thank Representatives Kristi Noem, Sean Duffy, and Mick Mulvaney for taking the time discuss the issues that matter the most to our members and supporters. TSCL also met with top staffers in the offices of the following Members of Congress: Jim Matheson, Linda Sanchez, Norm Dicks, Steve Stivers, William Keating, Janice Hahn, and Robert Hurt..Preventing benefit cuts. Older Americans understand the compounding effect that even the smallest benefit cut can have over the course of several years. DI beneficiaries living on fixed incomes simply cannot afford a reduction in benefits. … Continued

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