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Will Lead to Massive Cuts to Medicare and Medicaid The following statement was issued by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding today’s vote on the Fiscal Year 2018 budget resolution. “The budget passed today is a disaster for older Americans and a bonanza for the wealthiest Americans and big corporations.
Read moreThe U.S. Senate voted 51-49 on Thursday to pass a budget that requires cuts of $473 billion from Medicare and about $1 trillion from Medicaid over the next 10 years. The measure is estimated to add $1.5 trillion to the deficit over the next 10 years. The Senate also adopted a last minute amendment eliminating
Read moreMEDICARE – OPEN ENROLLMENT DEADLINE 2017
Read moreThe Social Security Administration announced Friday that next year’s Social Security cost of living adjustment (COLA) will be 2.0%. That means an increase of $25 per month for the average beneficiary. According to the nonpartisan Kaiser Foundation, however, this will not be enough to offset the rise in Medicare Part B premium costs for 2018.
Read moreMedicare Eligibility Age Would Rise from 65 to 67 The following statement was issued by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding today’s vote on the House’s fiscal 2018 budget resolution. “Today the House of Representatives said to retirees, ‘You are not our priority.’ “The wealthiest 1% are the big winners
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