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Notes on Social Security Reform
Congress is once again considering changes to Social Security in an attempt to “save” the program. Social Security benefit payments have exceeded tax revenues since 2010; the funding deficit is growing and, barring reform, will continue to grow indefinitely. Higher…
Medicare 2014: what you need to know
It’s the start of a new year, which is a time of review and reflection for many people. Now is also a good time to look at the Medicare changes that will happen this year, and a good time to…
Higgins introduces Social Security Administration Accountability Act
Congressman Brian Higgins, D-NY-26, spoke from the House Floor Tuesday to introduce the Social Security Administration Accountability Act – legislation that would require the Social Security Administration provide adequate justification before closing any field offices. Read more… Notice: The…
Corker Says CBO Report Is “Sobering”
Senator Bob Corker released the following statement after the non-partisan Congressional Budget Office announced today that the U.S. will add over $9 trillion in new debt and nearly double Medicare and Social Security spending over the next 10 years. The…
AMAC Supports H.R. 2305 – Preventing and Reducing Improper Medicare and Medicaid Expenditures Act
AMAC is pleased to support the latest Congressional initiative to reduce the rampant waste, fraud, and abuse within the Medicare and Medicaid programs. Introduced by Representative Peter Roskam (R-IL), H.R. 2305 – the “Preventing and Reducing Improper Medicare and Medicaid…
CBO: ObamaCare Reduces Work; Social Security Worsens
ObamaCare’s work disincentives will reduce employment levels by the equivalent of 2 million full-time jobs by 2017, the Congressional Budget Office said Tuesday. Less work, slower economic growth and burgeoning entitlement-fueled deficits marked the CBO’s downbeat 10-year outlook, adding to concerns…
Some Social Security History
63 million Americans are receiving Social Security benefits in the form of retiree benefits, survivor benefits, or disability benefits. Social Security benefits are not just for folks with an AARP membership card. Social Security has been around for 79 years. The…
BBB Advises Seniors To Be Wary Of Mailers Offering Free Medicare, Benefit Brochures
Seniors in Missouri and Illinois should be cautious about responding to mailings offering free information on changes in Medicare, Social Security or other government benefits,Better Business Bureau(BBB) advises. In many cases, the mailings are designed to generate leads for insurance sales…
Ways & Means Repeals Key ObamaCare Provision
On Feb. 4, the U.S. House Ways & Means Committee moved forward with a bill to restore the 40 hour work week as the American definition of full-time. “We need to preserve the 40-hour workweek in America and end the Affordable…
Why 65 is Too Young to Retire
The magical age 65 that signaled retirement time for our parents might not hold true for the baby boomer generation. Sure the idea is appealing to call it quits before we are too old to appreciate and enjoy our second…