Wednesday, October 20, 2004
Two Steps Forward, One Step Back
Elderly Americans will get a 2.7% raise in Social Security, but a 17.4% hike in Medicare premiums. So the average senior will get an extra $25.00 a month from Uncle Sam but have to pay Washington an extra $11.60 a month. Net gain = $13.40 a month. WhooooHoo! (NYT)
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