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Alliance for Retired Americans Friday Alert, Feb. 6, 2015

Washington, DC–(ENEWSPF)–February 6, 2015.

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President’s Budget Offers a Mixed Bag for Seniors

President Obama presented his Fiscal Year 2016 budget proposal on Monday, offering a mixed bag for seniors. The budget contains several changes to Medicare, including higher deductibles, new home health co-pays, and increased means testing. However, the budget also contains several positives, including a reallocation of payroll tax revenue from Social Security’s old-age and survivors trust fund to the disability trust fund. This…

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