Social Security Administration Announces Major Raise For Seniors
The Social Security Administration Announced A Major Increase In Benefits For Seniors Thursday In Response To Rising Inflation.
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Social Security
Social Security Could Give Seniors Historic Raise This Week Due To Inflation
The Social Security Administration Will Increase Benefit Payments This Week To Respond To Rising Inflation, Analysts Say. The Agency Is Expected To Announce The Scheduled Benefits Increase Thursday, And The Senior Citizens League Has Predicted That Increase Will Be 8.7%, One Of The Largest Hikes Ever.
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Health Care Costs Going Up As Seniors Struggle To Pay Bills
With Friday Beginning Open Enrollment For Those Qualifying For Medicare, A New Report By Medicareguide.com Found That One In Four Senior Citizens Have $500 Or Less In Savings For A Medical Emergency.
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Rising Inflation Could Mean Largest Social Security Increase Since 1983
Rising Inflation And The Price Increases That Come With It May Lead To The Highest Raise For Senior Citizens In Decades.
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House Republicans To Release Tax-Cutting Budget Proposal Countering Biden’s Spending Plan
As President Joe Biden Promotes An Additional $4 Trillion In Federal Spending, House Republicans Are Releasing An Alternative Plan That They Claim Would Lower Taxes, Cut Spending And Balance The Budget Within Five Years.
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What Can Government Do To Help The Poor?
Government Has A Poor Track Record Of Directing Assistance To The Poor. Even Before COVID-19, The Federal Government Spent More Than $4 Trillion Per Year. Only A Small Fraction Of That, However, Was Allocated To Those In Poverty. There Is A Wide Range Of Federal, State And Local Programs That Actively Harm The Poor That Should Be Reformed. Rather Than Asking The Government To Create New Programs To Help The Poor, Something It Has A Rather Poor Track Record Of Achieving, Let’s First Ask It To Stop Doing Things We Know Actively Hurt The Poor. Yes, Government Can Do Something To Help The Poor. It Should Get Out Of The Way.
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$1.4 Billion In COVID-19 Relief Payments Sent To Dead People By IRS
Last June, The Government Accountability Office (GAO) Reported That Uncle Sam Sent $1.4 Billion In COVID Relief Funds To One Million Dead People. They’ve Asked For It Back, But Dead People Are Notoriously Bad About Paying Up. The Federal Government Is Equally Bad About Clawing It Back.
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Biden’s Tax Plan Would Increase Taxes Across The Board, Estimates Vary By How Much
Democratic presidential candidate Joe Biden’s proposed tax increases of nearly $4 trillion over the next 10 years, if passed, “would be the highest in American history – indeed, in world history,” an analysis of his plan determined.
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