White House Budget Would Boost Medicare, Help Seniors in Myriad Ways
President Biden’s bold 2024 budget proposal puts him squarely on the side of working Americans in their ongoing struggle for retirement and health security. The new White House budget would keep the Medicare Part A trust fund solvent until 2050.
Today is the Day Millionaires Stop Contributing to Social Security for 2023
Today is the day most millionaires stop paying into Social Security for the rest of the year, while most of us will continue contributing FICA payroll taxes through the end of December. The payroll tax cap for 2023 is $160,200 in annual wages. As of today, people grossing $1,000,000 a year in wages have now exceeded the cap.
People With Disabilities, Pre-Existing Conditions Are Vulnerable to Social Security & Medicare Cuts
All but the most upper-income seniors would be hurt by cuts to Social Security and Medicare --- the kind which Republicans have been proposing in the name of “entitlement reform.” But older Americans with disabilities or pre-existing conditions would be hit especially hard.
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