While Medicare is largely protected from the " fiscal cliff" cuts that could come at the beginning of next year, take note: largely doesn't mean completely.
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.
The Takeaway: U.S. Retirement Assets Declining Again; Payroll Tax Deadlock Ends; World's Oldest Yoga Teacher
Americans' retirement assets lost a total value of $1.4 trillion last quarter, the first decline since the depths of the recession three years ago, according to a new report ... After initially rejecting the measure, House Republican leaders yesterday agreed to a two-month payroll tax cut extension"”and, with it, an extension of federal unemployment benefits and a temporary 'doc fix' ... And Bernice Bates, 91, has been named the world's oldest yoga teacher by Guinness World Records.
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