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Download This IssueCongress has agreed to allow the President to raise the debt ceiling in exchange for $2.4 trillion in budget cuts over 10 years. How this deal will affect the three major programs crucial to the elderly – Medicare, Medicaid and Social Security – may not be known until almost year’s end, but the impact could be significant.
The agreement calls for two stages of spending reductions. In the first stage, which will pare $917 billion from the budget, “entitlement” programs like Medicare, Social Security and Medicaid are spared. Instead, the cuts are evenly divided between defense and non-defense “discretionary” programs. Some aging and poverty programs that the elderly rely on, such as heating assistance, could be hit with budget reductions, but so will defense programs.
Seven Ways for Elderly Citizens to Outsmart Online FraudstersScammers see elder ‘Netizens (or Internetcitizens) as soft and easy targets. They know that older users in general are trusting and polite; they shy away from saying “no.” Besides, scammers wager that senior citizens may have substantial post-retirement savings.
Under these circumstances, elderly users can never be too cautious when dealing with money online. Follow these rules of thumb to ensure that scammers never come anywhere near your hard-earned money:
Do you Sciddy? If not, you should. If you do, you know you’re getting the best deals and discounts available for seniors. Sciddy is a new web site launched this year by digital publishing company Dirxion.
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