SeniorInfo4U

Welcome to Seniorinfo4u!

We are an online community connecting you with the latest news and information on Social Security, Medicare, long term care, financial issues, and legal issues for seniors and their families!

Search For Information

Search For Senior Services

What Does WalMart Cost The TaxPayer in Medicaid in Your State?

wallet

WalMart is large American corporation that tends to hire people for less than 30 hours a week and pays minimum wage. "That's their right" I hear you saying. And that is true, they have the right to hire people for $7.25 an hour and they have the right to employ them for less than 30 hours a week. And they have the right to do this while making … [Read more...]

Tax Exempt Organizations: 501(c)(3)

This group of tax exempt organizations are the ones we most often think of when we think about tax exempt organizations. They include any community chest, fund, or foundation, organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary, or educational purposes, or to foster national or international … [Read more...]

Tax Exempt Organizations: 501(c)(1)

501(c)(1) corporations receive a tax exempt status from the IRS as a result of Acts of Congress. The very first federally chartered corporation was a banking corporation called the Bank of North America. It was created in 1781 at the request of then Secretary of the Treasury, Alexander Hamilton. Hamilton believed that the coming Industrial … [Read more...]

Sen. Harkin Proposes Sensible Social Security Strengthening Plan

Senator Harkin > Press > Releases March 14, 2013 Harkin Legislation Will Strengthen Social Security Benefits; Ensure Program for Future Generations WASHINGTON, D.C. – To strengthen one leg of the ‘three-legged stool’ of retirement security, Senator Tom Harkin (D-IA) today introduced a measure to improve the most efficient, most effective … [Read more...]

Even Teapartiers Agree –Lift the Wealthy Cap on Social Security; Don’t Reduce Benefits for Seniors

Even Teapartiers agree, we should lift the cap on Social Security -- not cut benefits for America's Seniors. So what are we talking about? Professional Republicans like Mitch McConnell, Paul Ryan, Marco Rubio, John Boehner -- all want to reduce Social Security Benefits. They say we can't afford a program that would only be able to pay 80% of its … [Read more...]

The Debt Ceiling Debacle of 2011 Cost Taxpayers $18.9 Billion

We all remember the debt ceiling debacle of 2011. That's when the Republican Party decided they weren't sure whether or not your government should pay it's bills. We're not talking new spending here; the debt ceiling is about paying for what we already authorized to buy and pay for. But what you may not know is that the GOP's stunt cost the … [Read more...]

4 of 4 of Governor Romney’s Economic Advisors were Bush-Cheney Advisors

We all know how the Bush/Cheney GOP economic policies of the 2001-2009 era failed us. We know that those policies brought us to this recession. We all know the Bush/Cheney GOP economic policies brought us this debt. So why has Mitt Romney surrounded himself with former Bush/Cheney economic advisors? Here they are: 1. Vin Weber. Who is Vin … [Read more...]

Medicare Part B — What Do We Do To Pay For It?

In a previous article, we looked at the solvency issue of Medicare Part A. We also discussed one potential solution that would provide a $1.352 trillion overage by 2021. Now we'll turn our attention to Medicare Part B -- the part of Medicare that pays for physician services, Durable Medicare Equipment, Ambulances, X-Rays, Lab tests, … [Read more...]

Obamacare: How Does it Pay For Itself?

The day the Supreme Court ruled the Affordable Care Act to be constitutional, Governor Romney said he would repeal this law that was, in his opinion, adding trillions of dollars to the U.S. deficit. So we thought we'd look at the Affordable Care Act which the CBO (Congressional Budget Office) has shown will actually reduces the deficit by $143 … [Read more...]

Medicare Part A: The Problem

Health Care costs are an issue for Medicare. They rise every year faster than the rate of inflation. Why? We'd argue, in large part the cause is the private profit making health care system the United States has chosen to embrace, despite it's poor performance in keeping us healthy or alive. But we also have to acknowledge that while per capita … [Read more...]