Posted on 27 December 2022. Tags: Congress, spending bill
A section of the $1.7 trillion spending bill passed Friday has been billed as a dramatic step toward shoring up retirement accounts of millions of U.S. workers. But the real windfall may go to a far more secure group: the financial services industry.
Read the full story
Posted in Finance & Work
Posted on 20 October 2022. Tags: Congress, Democrats, Medicare, Washington, adults, covergate, dental
Proposed changes in Medicare rules could soon pave the way for a significant expansion in Medicare-covered dental services, while falling short of the comprehensive benefits that many Democratic lawmakers have advocated.
Read the full story
Posted in Health, Features
Posted on 13 August 2022. Tags: Congress, Democrats, Drug prices, Inflation Reduction Act, Insurance, Medicare, health benefits
On the health front, the The Inflation Reduction Act achieves two key goals of congressional Democrats. First, it would give the federal government the ability to negotiate prices of some drugs purchased by Medicare beneficiaries, a tool that has long been opposed by the drug industry.
Read the full story
Posted in Health, Features
Posted on 07 August 2022. Tags: Congress, aging, legislation, pensions, retirement planning, retirement savings
Dave Muffley thought he had it made when it came to a solid retirement. The Indiana man spent roughly 30 years as a salaried maintenance technician for Delphi Corp., a subsidiary of General Motors Corp., and expected to retire with a comfortable income by the time he hit 62.
Read the full story
Posted in Retirement, Your Money
Posted on 04 August 2022. Tags: Bernie Sanders, Congress, Elizabeth Warren, Social Security, The Social Security Expansion Act
It is fortunate for us that U.S. Senators Bernie Sanders, D-VT, and Elizabeth Warren, D-Mass., are persistent advocates. These lawmakers have introduced their latest version of a bill to expand the Social Security program.
Read the full story
Posted in Features, Pushback, Your Money
Posted on 05 July 2022. Tags: Congress, Healthcare, Medicare Advantage, adults, denied care, overcharge, watchdog
Congress should crack down on Medicare Advantage health plans for seniors that sometimes deny patients vital medical care while overcharging the government billions of dollars every year.
Read the full story
Posted in Health, Your Money