Blog Do You Want Your States Details On Absentee Mail VotingThe reception by the Members of Congress was phenomenal. Meetings were held with Rep. David Davis, Rep. Ed Perlmutter, Rep. Doug Lamborn, Rep. John Sarbanes, Rep. Dan Boren, and Rep. Bruce Braley..In a statement released by TSCL on Thursday, Social Security and Medicare policy analyst Mary Johnson said: "Older middle-income Americans could shoulder a disproportionate share of taxes under these changes, and get pushed more quickly into higher tax brackets than they are today … The changes under consideration may provide some modestly lower federal income taxes at first, but the benefits for many people would be short-lived.".Consumer price index data show that the rate of inflation has changed significantly over the past decade, and has yet to return to the average rate during the decade prior to the 2010 Great Recession. From 1999 to 2008, COLAs averaged 3%. Since 2010, however, the COLA, which is tied to the increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers, has averaged just 1.4%. Since that year, inflation has been so low that there was no COLA payable three times - in 2010, 2011, and 201In 2017, inflation was almost zero at just 0.3 percentage point. This is not normal, and research on the costs experienced by older Americans indicates the COLA often doesn't reflect inflation that retirees actually experience. … Continued
Getting Care At Health Doctors NotesAs I head toward the kitchen with the soda, a vase of flowers on the window ledge catches my eye--they need water..Social Security benefits have lost 33 percent of buying power since 2000, according to the latest Social Security Loss of Buying Power Study released today by The Senior Citizens League. "One would think that a higher cost-of-living adjustment in 2019, combined with relatively low inflation, would lead to an improvement of buying power in Social Security benefits," says study author Mary Johnson, a Social Security policy analyst for the League. "But any improvement was offset by spiking costs of essentials, including out-of-pocket spending on prescription drugs," Johnson says..The Social Security's Trustees annual report, which was prepared before the onset of COVID-19 and subsequent shut down of the economy, forecasts that the Social Security trust funds will be depleted by 203But a number of Social Security experts are beginning to warn that the program could run low much sooner, by as early as the end of this decade. … Continued