Social Security

The Fiscal Cliff Must be Avoided

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On the dawn of New Year’s Day 2013, America will either wake up clear-headed and positive with better days on the horizon or start the New Year with a nauseating hangover called the fiscal cliff. Our nation, is indeed, facing a financial crisis of soaring magnitude. Right now, Congress is gridlocked in addressing the national debt. Businesses face great uncertainty. Continued…

Rep. Scott Opposes Plans To End Medicare and Medicaid

| Posted in Press Releases

Representative David Scott (GA-13) stated his opposition to plans to balance federal budgets by ending Medicare and Medicaid and giving tax breaks for millionaires. “Everyone agrees that our long-term deficits need to be reduced,” Rep. Scott said. “But, I am outright opposed to the Republican plan to turn Medicare into a limited voucher and turn Medicaid into a limited block grant,…

New Round of Medicare Part D Donut Hole Rebates

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Medicare Beneficiaries Whose High Prescription Drug Costs Have Put Them in the Medicare Part D Donut Hole to  Receive $250 Rebate Checks as a Result of the Affordable Care Act  The next round of more than 300,000 eligible seniors who have entered the Medicare Part D “donut hole” this year have been mailed their tax-free, one time rebate check for $250. These one-time rebate checks are…

New Prescription Drug Assistance for Seniors

| Posted in Press Releases

As part of the Affordable Care Act, many Medicare recipients across the country will begin receiving assistance to help pay for their prescription drug costs.  Beginning June 10, 2010, the Department of Health and Human Services (HHS) will begin distributing a one-time tax -free $250 rebate check to those seniors who reach the coverage gap. "During these tough economic times I’ve…

Representative Scott Announces $250 Recovery Payments for Social Security, SSI, VA, and Railroad Retirement Board Beneficiaries in May

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Representative David Scott announces that the federal government will begin sending one-time $250 economic recovery payments in May 2009 to people receiving Social Security, Supplemental Security Income (SSI), Veterans Affairs (VA), and Railroad Retirement Board (RRB) benefits. The economic recovery payments are funded by President Obama’s American Recovery and Reinvestment Act and…

5.2 Million Eligible Retirees and Veterans Can Still Receive a Stimulus Rebate

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Dear Friend: In this time of economic downturn, I know the financial burdens of retirees and veterans are tremendous. Many are finding it difficult to afford basic items like groceries and a tank of gas for their car. My colleagues and I are confident, however, that the money provided by the Recovery Rebates and Economic Stimulus for the American People Act of 2008 is a vital step in…

April is Financial Literacy Month: Social Security and Saving

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As we recognize April as Financial Literacy Month, it is more important than ever that Americans get on track with their retirement savings—especially if they have desires to be among the few who can retire early and truly enjoy it. Personal finance professionals often refer to Social Security, private pensions, and personal savings as the “three legged” stool of retirement income, but…