12:35 pm, July 14, 2014

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  • COLA is in
    ben
    The COLA will be 1.7 percent. Plutocrats -- someone's reading 1930s agitprop. Jeez, update vocabulary.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • COLA
    Bud
    Ok,us retirees get 1.7%.I'll take it but it's about 10% less than what should be given.Go to the food store,gas station,drug prescription store,auto store,sporting events,airline tickets,etc.You'll soon see 1.7% doesn't cover squat.Another case of Govt. screwing the customer.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • That is the law
    Moderate
    As an ex RA you should know that there is no discretion there. That is the law. If it is a screwing, then the law should be changed. Good luck on that one.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • COLA
    Bud
    Moderate,you're right.I'm venting the inappropriateness of the CPI-W.Thanks for keeping this retiree on track.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Congrats
    Putt-Putt
    Congratulations to the retirees on the receipt of the 1.7% increase. That's greater than 3 times what I (may)be getting next year. I do have a WIG coming, though, so I'll be able to make up some of my decrease in take-home from the coming health care increase, the end of the 2% reduction in Social Security and the increase in my federal taxes from the decrease in the FSA max.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • To Putt-Putt
    Moderate
    I will keep this comment apolitical. I believe (no proof) that the times increase will be infinity because I do not believe we will get any increase next year no matter who is president.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Another Obama Tax
    Cindi
    Another hidden Obamacare tax For a number of years American companies have been able to set up Flexible Spending Accounts(FSA) which allow workers to put aside money to deal with medical expenses not covered by their insurance-such as deductibles. The advantage of these accounts is that the employee did not pay payroll taxes on the money; the disadvantage was that if the money was not used it was lost. These plans were an attempt to get back to the original intent of income tax, which was not to tax the money needed to pay for the necessities of life. Obamacare however has severely limited these accounts by changing the maximum contribution from roughly $5000/year to $2500/year. For those with significant medical expenses this change is a major tax increase. Essentially employees will now be required to pay taxes on as much as an extra $2500 each year while their medical expenses continue to grow. The increase in taxes to individuals due to social security taxes and Medicare taxes is $191.25; at a combined rate of 7.65%. The extra amount that people will have to pay for Federal Income taxes will vary based on their marginal tax rates. For a family making $40K/year the marginal rate in January 2013 will be 28%. That means that the Obamacare cut in FSA contributions would lead to a tax increase of $700. A typical middle income family with uncovered medical expenses stands to pay nearly $900 a year more under this little publicized aspect of Obamacare. While that is not a large amount compared to the other tax increases that are part of Obamacare it will be a significant impact to Americans struggling with high medical costs. Tom Trinko
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  • Poor Cindi
    Moderate
    Although your "facts" may be correct, you left out a few minor details. Your Republican friends were invited to join in the creation of Obamacare. They refused enmass. They could have joined and offered that the wealthycould have funded Obamacare through a tax on the wealthy. That way the FSA could have stayed at $5000. And how doe you arrive at 28%? 15% + 7.65z% = 22.65%. And that is if they elected FSA exceeding $2500. Say it correctly instead of exaggerating.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • 2013 CPI Adjustment
    Carter Hired Fed
    Ironic that the only way to get a pay raise was to quit work and take a buyout!
    Carter Hired Fed
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
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