What Would The Income Thresholds Be If The Tax On Social Security Benefits Was Adjusted For Inflation Like Tax Brackets? Q: I support TSCL’s efforts to enact legislation to adjust the income thresholds that cause a po ...

Your Social Security Income Rose by 8.7% This Year — Will It Impact Your Taxes Next April? You’ve heard the claim: “Seniors don’t pay income taxes after age 70!” This is a bunch of baloney, so press the mute butt ...

August 2023 Update ...

The Centers for Medicare and Medicaid Services (CMS) has announced that beginning in 2025, subscribers to Medicare Part D will have the option to pay their out-of-pocket prescription drug costs over a year using a monthl ...

Last week, the White House announced the names of 10 prescription drugs that will be subject to the negotiating power of Medicare. The government expects prices will be slashed by half on average, with the first cuts tak ...

Each year, Congress must pass the legislation needed to fund the federal government for the new fiscal year, which begins on October 1. That is supposed to be accomplished by the end of September. But it rarely happens a ...

The fight to lower drug prices has featured a war between the big drug companies and the businesses known as Pharmaceutical Benefit Managers (PBMs), each blaming the other for the outrageous costs of urgently needed pres ...

According to The Hill, a news outlet in Washington, D.C., “The first ten drugs selected for Medicare price negotiation will be announced by Sep. 1 and will set the stage for unprecedented government action regulating dru ...

It was announced this past weekend that more than 600,000 people in the US Medicare program may have had personal data, including medical records, exposed through a data breach. The data was on systems belonging to Ma ...

With So Much Left to do, Congress takes a Vacation for the Next Six Weeks The members of Congress left town late last week for their annual August recess.  However, they left a huge pile of work with little time left ...