With the December 31st deadline to address expiring tax and spending cuts looming, many Nebraskans are left wondering what the budget debate means for them.
With the December 31st deadline to address expiring tax and spending cuts looming, many Nebraskans are left wondering what the budget debate means for them. Devorah Lanner with AARP - Nebraska says they have picked it apart and says both Social Security and Medicare programs will suffer.
Devorah Lanner, spokesperson - AARP Nebraska; "and retirement security."
Lanner says in Nebraska, more than 230-thousand seniors receive Social Security and the average benefit is $13,900 a year. That is about 64% of an older Nebraskans income. One of the changes would lower the cost of living adjustment and that would take 830-million dollars out of the pockets of those on S.S. in Nebraska over the next 10 years.
They are also considering increasing the Medicare eligibility age from 65 to 67.
The fiscal cliff debate could have a huge impact on many Nebraskans. AARP-Nebraska spokesperson Deborah Lanner says a shortsighted budget deal could have a big impact on the health and retirement security of senior citizens. On the table is an adjustment to Social Security benefits.
Lanner; "13,900 dollars a year.
They are also considering increasing the Medicare eligibility age from 65 to 67.
There are several items on the table regarding the last minute budget deal to avoid the fiscal cliff. AARP-Nebraska's Devorah Lanner says lawmakers are looking at making adjustments to Social Security and Medicare programs. Congress is looking at raising the eligibility age to receive Medicare.
Lanner; "in the program."
Lanner says in Nebraska, more than 230-thousand seniors receive Social Security and the average benefit is $13,900 a year. That is about 64% of an older Nebraskans income. One of the changes would lower the cost of living adjustment and that would take 830-million dollars out of the pockets of those on S.S. in Nebraska over the next 10 years.
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(courtesy of Nebraska Radio Network)
