The sponsors of the House Republican debt limit bill, the Limit, Save, Grow Act, say its goal is to encourage low-income people to work. But it may have exactly the opposite effect, especially for people with disabilities. And, at the same time, it may throw family caregivers into an impossible situation—having to choose between caring for their loved ones or [...]
How will Washington’s ongoing budget crisis affect seniors? Not much, at first. But it could become very costly in just a few weeks. One big unresolved question: Will Social Security benefits be paid if the government breaches the debt limit? Many seniors programs will continue to operate for at least a while. For now, Social Security checks are going out [...]
At first glance, it looks like Medicaid and other key government programs for the frail elderly and others with disabilities avoided a major hit in the debt limit agreement reached by Congress today. But in truth all of these programs remain in severe jeopardy. The complex deal calls for several stages of deficit reduction. The first is a cut of $25 billion [...]