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4 days ago · The House Budget Committee advanced the bill in mid-January to set up a fiscal commission to address the national debt and make “fast track” changes to Social Security, including possible...
1 day ago · As Max Richtman, president and CEO of the National Committee to Preserve Social Security and Medicare, stated, the trust fund reserves will run out in ten or eleven years, leaving just current payroll taxes. This will create an automatic benefit cut where “people will be getting 86–87% of their benefits, and we don’t want that.”
13 hours ago · The Fiscal Commission Act of 2023, spearheaded by Rep. Bill Huizenga and R-Mich, represents a significant move towards addressing the national debt and enacting reforms on Social Security. This proposal includes potential cuts and has garnered attention with 26 sponsors after clearing the House Budget Committee. This act intends to facilitate ...
5 days ago · That’s why the National Committee believes the time has come to repeal the GPO and WEP. Government Pension Offset – How Does It Work? The GPO applies to spouses who qualify for both a government pension based on their own non-Social Security-covered employment and a Social Security spousal benefit.
2 days ago · Medicare explores a new way to support caregivers of dementia patients. Family members often provide caregiving for people with dementia and it can take a financial and emotional toll. At 80, Rose ...
6 days ago · Save more, save now, save aggressively. You will need it. That's because America's national retirement plans, meaning Social Security and Medicare, were already in fiscal trouble.
3 days ago · H.R. 82: Social Security Fairness Act of 2023. To amend title II of the Social Security Act to repeal the Government pension offset and windfall elimination provisions. The bill’s titles are written by its sponsor.
