Moving and Retirement
More Than One-Third of People with Traditional Medicare Spent at Least 20 Percent of Their Total Income on Health Care in 2013
In 2013, Medicare beneficiaries’ average out-of-pocket health care spending was 41 percent of average per capita Social Security income; the share increased with age and was higher for women than men, especially among people ages 85 and over. Medicare beneficiaries’ average out-of-pocket health care spending is projected to rise as a share of average per capita Social Security income, from 41 percent in 2013 to 50 percent in 2030. more »
Get Ready, Drivers: New Higher Tolls For 2018
With infrastructure crumbling, budgets teetering on the edge of being in the red in many states, and the growing popularity of fuel-efficient cars, which means gas taxes generate less revenue than they used to, officials are looking to tolls. Giving a boost to the efforts, President Donald Trump’s initial infrastructure proposal also called for widespread use of tolling on interstate highways, which now are limited by federal regulations to certain stretches of road. more »
A Christmas Eve Surprise: A Stack of Love Letters
Sonya Zalubowski writes: A little gold ribbon each side, the hinges I remembered. More gold squiggles printed on the cover inside, the regal stamp of British royalty, two lions flanking a crown."By appointment. Yardley London." Not even a faint smell of lavender anymore. Something much better. Those envelopes. I took the top one out, addressed to Miss Helen Romer in Seattle, Washington. The postmark Kenosha, Wisconsin. The postage just three cents. The date Sept 8, 1939. Now, as an adult, I realized what they represented, love letters from Dad to Mom at the start of their relationship. more »
Cost Estimate for the Conference Agreement on H.R. 1; Estimated Budgetary Effects
Title I would amend numerous provisions of U.S. tax law. Among other changes, the bill would reduce most income tax rates for individuals and modify the tax brackets for those taxpayers; increase the standard deduction and the child tax credit; repeal deductions for personal exemptions; repeal or limit certain itemized deductions; and increase the exemption amounts for the individual alternative minimum tax. Those changes would take effect on January 1, 2018, and would be scheduled to expire after December 31, 2025. The bill also would permanently repeal the penalties associated with the requirement that most people obtain health insurance coverage (also known as the individual mandate). more »