Money and Computing
Women's Congressional Policy Institute Weekly Legislative Update May 30, 2023: Bringing Women Policymakers Together Across Party Lines to Advance Issues of Importance to Women and Their Families
Elimination of All Forms of Discrimination Against Women, Cosmetic safety, supply chain transparency needed for companies to make safe cosmetics; A bill to increase the availability and affordability of menstrual products for individuals with limited access; A bill to expand the authority to provide a wig and treat traction alopecia under the TRICARE program; a hearing, “Solving the Child Care Crisis: Meeting the Needs of Working Families and Child Care Workers.” Child Protection - The Senate Judiciary Committee is scheduled to consider several bills, including S. 474, legislation to strengthen reporting to the Cyber Tipline related to online sexual exploitation of children.
Bringing women policymakers together across party lines to advance
issues of importance to women and their families.
… more »
The President’s Budget for Fiscal Year 2024 - Budget Details Plan to Invest in America, Lower Costs and Cut Taxes for Working Families, and Protect and Strengthen Medicare and Social Security
Two examples of the goals of this legislation: The Cancer Moonshot aims to reduce the cancer death rate by at least 50 percent over the next 25 years and improve the experience of people who are living with or have survived cancer, their families, and caregivers. The Budget includes $1.7 billion for dedicated Cancer Moonshot activities across the Department of Health and Human Services (HHS), in addition to targeted investments at the Departments of Veterans Affairs, Defense, Agriculture, and other Cancer Cabinet agencies, and a total investment of $7.8 billion at the National Cancer Institute (NCI) to drive progress on ways to prevent, detect, and treat cancer. more »
Medical Billing and Collections Among Older Americans
"The reported amount of unpaid medical bills among older adults increased by 20 percent between 2019 and 2020, from $44.8 billion to $53.8 billion. Yet older adults reported fewer doctor visits and lower out-of-pocket expenses in 2020 than in 2019. Older adults face a complex billing system with a high likelihood of errors and inaccurate bills. Complaints submitted to the CFPB involving Medicare commonly cite inaccurate billing as a source of unpaid medical bills in collections. Consumers who reported having multiple sources of insurance were especially likely to note problems with inaccurate billing." more »
IRS: Going Green Could Help Taxpayers Qualify for Expanded Home Energy Tax Credits
What taxpayers need to know: Taxpayers can claim the Energy Efficient Home Improvement Credit and the Residential Clean Energy Credit for the year the qualifying expenditures are made. Homeowners who improve their primary residence will find the most opportunities to claim a credit for qualifying expenses. Renters may also be able to claim credits, as well as owners of second homes used as residences. Landlords cannot claim this credit. IRS encourages taxpayers to review all requirements and qualifications at IRS.gov/HomeEnergy for energy efficient equipment prior to purchasing. Additional information is also available on energy.gov, which compares the credit amounts for tax year 2022 and tax year 2023. When it is time to file a tax return, taxpayers can use Form 5695, Residential Energy Credits, to claim the credit. more »