Headlines
Could these policy fixes help you save for retirement?
Despite the challenges many Americans face in setting aside enough money to finance their golden years, experts say the retirement system is not a lost cause. But a few improvements—many already in the works—could make a big difference for savers. It’s…
House OKs bipartisan Medicare doctor bill; fate up to Senate
In uncommon bipartisan harmony, the House approved a $214 billion bill on Thursday permanently blocking physician Medicare cuts, moving Congress closer to resolving a problem that has plagued it for years. The lopsided 392-37 vote shifted pressure onto the Senate, where…
The Lie behind Social Security
Social Security is in trouble. We all know this, or should. But there is a cheat within the system, and it is time the cheat was brought into the full light of day. In short, Democrat lawmakers — and Republicans who have remained…
Senators block Social Security amendment to budget
Senators on Tuesday blocked an amendment from Senate Democrats aimed at protecting Social Security. Senators voted 51-48 on a procedural motion, after Democrats tried to override the decision of Sen. Mike Enzi’s (R-Wyo.), the chairman of the Budget Committee, to…
Conservative House Republican budget would cut $7.1T
A conservative budget released by the House Republican Study Committee (RSC) on Monday would balance in five years by cutting $7.1 trillion in spending over the next decade. The cuts are much more than the $5.5 trillion in proposed cuts included in the…
How the bipartisan Medicare deal will hurt retirees
A recent agreement on a budget deal between Democratic House Minority Leader Nancy Pelosi and Republican House Speaker John Boehner is being heralded as the return of bi-partisanship. The deal, which will soon be voted on, addresses payments to doctors…
AMAC Condemns Bill to Raise Social Security Taxes
Blasting Congressional Democrats for offering a bill to hike Social Security taxes and cut benefits, Dan Weber, president of the Association of Mature American Citizens, called the proposal “just more income confiscation that does little to solve the financial crisis…
Are the Rich Paying Their Fair Share? Maybe More than You Think
You would think that if a worker earned double the income during their working years, their Social Security would be double – but that is not the case. When you do the calculations for a person with a $4,000 average…
House Budget for FY 2016 Strengthens Social Security & Medicare, Says AMAC
House Budget Resolution for FY 2016 Strengthens Social Security and Medicare, says AMAC ‘It paves the way for a “more efficient, effective and accountable” government’ WASHINGTON, DC, Mar 18 – The House Budget Committee’s FY 2016 budget resolution, A Balanced…
Dems Slam Renewed GOP Effort to Create a Social Security ‘Crisis’
Democrats slammed the House GOP for targeting Social Security in its new budget resolution unveiled Tuesday, contending that the move is part of an emerging Republican strategy to create a crisis atmosphere and set the stage for dramatic changes in…