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Commonsense Immigration Reform Respects Our Elders
Imagine contributing your hard-earned money into a retirement system all the while knowing that you’ll never be able to access the program’s benefits. Sounds unfair, right? But it’s a sad reality for 72-year-old Ricardo Perez. The California resident has paid…
LePage criticizes personal income growth report
Gov. Paul LePage criticized a federal report that ranked Maine low in personal income growth and said the state looks a lot better when not including federal payments for programs like Social Security, Medicare, unemployment benefits and Medicaid. A new…
OVERNIGHT HEALTHCARE: Health spending drops despite O-Care sign-ups
Spending on healthcare actually decreased in the first three months of the year despite the flood of enrollments in ObamaCare, the Bureau of Economic Analysis reported on Wednesday. An earlier estimate of gross domestic product (GDP) found healthcare spending had…
Social Security issues have many concerned for their futures
Many people question whether there will be enough money in Social Security when it’s time for them to retire. The 2013 Social Security annual report says Social Security faces long-term funding challenges, particularly after 2033. “I worry about my kids, my grandkids and it’s…
Medicare agency seeks funding boost for identity theft effort
The Centers for Medicare and Medicaid Services (CMS) says it needs more funding from Congress before it can take Social Security numbers off the Medicare cards issued to senior citizens. Republican lawmakers asked Shantanu Agrawal, the new deputy administrator at…
Sen. Murray advocates for Social Security and Mariage Equality Act
Today, one day before the anniversary of the historic Supreme Court ruling striking down Section 3 of DOMA, Sen. Patty Murray (D-WA), Representatives Ron Kind (D-WI), Allyson Schwartz (D-WA) and Elizabeth Esty (D-CT) were joined by advocates from Human Rights…
No dodging fiscal reality
Don’t expect a “grand bargain” to right the deficit-burdened U.S. budget any time soon; in this election year, the most Americans can hope for likely is another temporary deal to muddle along at the spending levels set by last December’s…
Congressman Young Pushes Back Against Social Security Cuts
The Social Security Administration is considering changes to services available in its field offices. Congressman Don Young opposes these changes because he believes they will hurt rural Alaskans. KDLG’s Chase Cavanaugh has more. In an attempt to cut costs, the…
Hundreds of Detroit workers face decision: Wait or retire
Should they stay or should they go? Those are the questions hundreds of Detroit police officers, firefighters and other city workers are asking themselves as they try to choose between retiring now to lock in drastically reduced health care benefits, or…
Know the facts before you make decisions
Social Security is an important retirement income source for many people. It was never intended to be the only source. For the average retiree, it represents about 40 percent of their income. For higher income retirees, it may only be 20…