patching...
Breaking: Arrest Made in Arlington Boys & Girls Club Sexual-Abuse Investigation »
Welcome back, Patch Blogger!

Federal Debt

Friday, November 30, 2012

The Fiscal Cliff: What Deal Would You Cut?

Massachusetts Democrats in Congress want to avoid cuts in benefits as part of any deal, but proposals such as raising the eligibility age for Medicare are still on the table. What would you do?

As Congress negotiates a deal to avoid the so-called "fiscal cliff" on Jan. 1, Massachusetts' congressional representatives have voiced their opposition to any cuts in benefits such as Social Security, Medicare and Medicaid, the Boston Globe reports. However, there are proposals still on the table that would change those benefit programs, including linking Social Security benefits to a more conservative inflation index that would slightly reduce annual increases, or raising the eligibility age for Medicare from 65 to 67. The Globe reported that while the Bay State's legislators were united against changes to Social Security, there's some wiggle room on Medicare. Rep. Ed Markey opposes raising the Medicare eligibility age; Rep. Michael …

Nick

7:20 pm on Tuesday, January 1, 2013

Happy New Year, North Reading residents have their own fiscal cliff, take a look at your property tax bill. More tax increases and no plans to reduce the cost government. We have fortune 500 companies in town that pay the same tax rate as residents, it doesn't make any sense. How can the town continue to fund public employee's pension and retirement. Why are we funding their pension at a time …   more ›

Got a Hot Tip?
 
 

Videos