The Senate recently approved the Republican tax reform legislation which is expected to possibly bring dramatic cuts to Social Security and Medicare, which together make up 38% of the total federal budget, according to Newsweek. With the predicted rise in the deficit, entitlement programs could face cuts in the near future.
Many disabled and senior citizens heavily rely on their Social Security monthly stipend. Without this stipend, the number of citizens living in poverty could rise in the millions. Furthermore, the legislation raises taxes on people facing high medical bills. It would end the medical expense deduction, which allowed people with medical expenses that exceeded 10 percent of their yearly income to deduct those expenses from their federal income taxes.
Ultimately, the tax bill could result to major cuts social security disability benefits, disability employment services, services such as Meals on Wheels, and more due to the funding of corporate tax cuts. It has also been stated that both Social Security and Medicare programs are already on a fiscally unsustainable path. This means the fight for your benefits may be harder than ever before. If you need Social Security disability benefits and have been denied your application, hire a Social Security lawyer in Maryville to help you fight for the benefits you deserve in this time of instability.
Contact The Law Offices of Kenneth Miller & Associates to learn more about your Social Security disability options. Our professional team of attorneys can help you win your appeal and get the benefits you need!
