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Lyndon B. Johnson signing the Medicare amendment (July 30, 1965). Former President Harry S. Truman (seated) and his wife, Bess, are on the far right.. Originally, the name "Medicare" in the United States referred to a program providing medical care for families of people serving in the military as part of the Dependents' Medical Care Act, which was passed in 1956. [5]
She’s likely referring to extending the Social Security payroll tax to higher incomes. Currently, these payroll taxes aren’t applied to wages above $168,600 in 2024.
The bill proposed extending the Social Security payroll tax to incomes over $250,000 a year. At the time, the amount of income subject to payroll taxes capped out at $132,900.
Meanwhile, Social Security’s trust funds — which cover old age and disability recipients — will be unable to pay full benefits beginning in 2035, instead of last year’s estimate of 2034.
As of 2017, the Massachusetts State Police average pay for a state trooper was $145,413, with three troopers earning over $300,000, and 245 troopers (12% of the workforce) earning over $200,000. A trooper's base pay is augmented by working multiple details, directing traffic, overtime shifts, or providing security at special events. [29]
The Social Security debate in the United States encompasses benefits, funding, and other issues. Social Security is a social insurance program officially called "Old-age, Survivors, and Disability Insurance" (OASDI), in reference to its three components. It is primarily funded through a dedicated payroll tax. During 2015, total benefits of $897 ...
Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. ... More than 1,300 added to Mass. payroll since Healey announced hiring controls. Gannett. Sam Drysdale.
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