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It's been a wild and wooley political ride for the last couple of weeks, but the votes are in, the die is cast, and the budget is settled – for the moment. The good news for senior citizens is that there should be NO delay in social security checks. The bad news? It's not necessarily over. AARP has done a wonderful job explaining this for all of us and also explaining some of the coming cuts that COULD impact boomers and seniors and those caring for elderly parents, including the fact that:
"the money will have to come from somewhere. And David Certner, AARP legislative policy director, says that other programs dear to seniors could be affected — like those for nutrition, caregiving and senior job placement. Many of those programs — such as those for elderly housing and home heating assistance — already have waiting lists. Demand continues to rise as the senior population increases and the economy leaves more people in need of federal aid. After the spending cuts, even less money will be available."
Click here to read the whole article, Debt Deal: No New Taxes and No Social Security or Medicare Cuts — Yet: Law creates new super-committee to set future cuts
Between the economy and any fallout from this debt deal, all coupled with the upcoming Presidential election, it will definitely be a busy and interesting news year for all of us, and particularly those of us boomers and seniors in the Sandwich Generation, caring for elderly parents. But no matter what the trials and tribulations we may face, whether they are future political concerns or bad news on the home front, we can safely keep our eyes on God. As I wrote yesterday, we can, indeed, "Be Still and Know That God is The Strength The Sandwich Generation Needs!
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