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Topic: Social Security and 2020 Budget  (Read 804 times)

calendria

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Social Security and 2020 Budget
« on: March 30, 2019, 10:58:52 am »
 :cat:
March 11, 2019
Regarding time element for first filing SSI benefits:
Am I reading this correctly?

Does this encourage early filing or On Time filing for SSI, and not waiting out the 12 month leeway they are given to recoup retro benefits?

Trump's budget proposal for fiscal 2020 aims to halve the amount of retroactive pay disabled persons can recover to six months from 12 months. Doing so would reduce program outlays by $3.61 billion between 2020 and 2024, and almost $10 billion on the dot, in aggregate, over the next decade.

Contained within the president's budget were calls for about $1.5 trillion in cuts to Medicaid over the next 10 years, which would be achieved by moving payouts to block grants; an $845 billion reduction to Medicare spending over the next decade that targets a decrease in wasteful spending via lower prescription drug costs; and -- surprise -- a roughly $26 billion decrease in Social Security spending over the next 10 years.

March 11, President Trump unveiled his fiscal 2020 budget proposal for the federal government. As a reminder, fiscal years for the federal government end on Sept. 30 and begin on Oct. 1. Unveiling a budget months in advance of the actual implementation is supposed to allow Congress to make tweaks, as needed, to get a yearlong budget passed.
« Last Edit: March 30, 2019, 11:08:49 am by calendria »

alina6

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Re: Social Security and 2020 Budget
« Reply #1 on: March 30, 2019, 11:42:31 am »
Doesn’t sound like a positive turn of events for people collecting social security or relying on Medicaid.

MichelleHW101

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Re: Social Security and 2020 Budget
« Reply #2 on: March 30, 2019, 11:56:20 am »
I hope congress does tweek this, a lot.  Trump clearly doesn't care about people.  First it was putting thousands of people out of work for a month because he wanted funding for wall he never got and now he's attacking people who need Medicaid and Social Security is their only income.  He really does live in a world where the rich get richer and the poor stay poor and no one helps the other out.  So sad.   

potluck6

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Re: Social Security and 2020 Budget
« Reply #3 on: March 30, 2019, 12:05:01 pm »
he is changing medicare my husband relies on that theyb take out 135.00 a month for it from his s.s. it covers many medical things.

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