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President Barack Obama and House Speaker John Boehner are deep into negotiations on a fiscal cliff deal — and unfortunately, the hard-earned Social Security benefits of current retirees, veterans and workers with disabilities are on the table. The chained CPI proposal is positioned as a ‘slight tweak’ to the Social Security cost-of-living-adjustment (COLA). The problem is that for people who have paid into Social Security for decades, many of whom are barely scraping by with an average monthly income of under $1,300, …
As the year winds down, we find ourselves pondering what really mattered in the last 365 days. For us, the answer is easy – you. Your petitions, phone calls, and emails to legislators made it possible for us to accomplish so much to improve the lives of older Americans in this country – and for that we are most grateful.
After two years with no increase in Social Security cost-of-living allowances (COLA), benefits are expected to rise as much as 3.5 percent in 2012 … For the 14th year in a row, Congress missed the deadline for passing a budget bill for the upcoming fiscal year (is there a better way?).
Will the new cigarette labels stop you from smoking? The federal government unveiled nine graphic images that appear on all cigarette packs and ads as part of a powerful new warning strategy. What do you think? Are the new labels more “fear factor” than effective? Something else to consider: Smoking linked to more aggressive prostate cancer.
The big news around AARP this Friday is all about the announcement that for the first time since 1975, people who rely on Social Security will not receive a cost of living adjustment, because consumer prices have remained stagnant in this economic climate. The Washington Post covers the story here – and AARP is mentioned in the article, too. AARP released a statement on Wednesday contending that the government should provide emergency relief to older Americans by way of a …
Martha Hamilton has a piece up at AARP Bulletin about the dilemma that millions of Social Security recipients are facing for 2010: not only will there be no Social Security cost-of-living adjustments, but a hike in Medicare premiums that will leave them in a serious financial bind. The good news is that Congress is taking action. Tricia Neuman and Juliette Cubanski of the Kaiser Foundation also have a really useful brief on the issue, explaining the relationship between the Social …