On Tuesday, December 19, congress passed the most sweeping update to the tax code in the United States in over 30 years. This bill reduced the corporate tax rate permanently from 35 percent to 21 percent, and reduced the tax rates by much less for individuals, although the individual tax cuts end by 2025.
This law could have devastating consequences for people with disabilities because it will raise the deficit by $1.5 trillion over the next ten years, which because of a law that was passed in 2010 will cause automatic cuts to funding for programs used by people with disabilities every day. It has also been suggested, that now because of the raising of the deficit, there will be people in congress who will claim that to decrease the deficit, and it is time to restructure entitlement programs like Medicare, medicaid and social security. That is the bad news, but there was some good news that came out of Washington recently as well. SB 2227, is a bill in the senate that would reauthorize the money follows the person pilot program. This is a program that has been used by people in nursing facilities to move back in to the community. We need to get our senators to sign on to this legislation.
Those are the two most notable things that have happened in our nation’s capital recently yet there will be more things that happen as we move into 2018. Have a great holiday and rest up, because we are going to need everyone to be ready to advocate in the New Year if we don’t want to lose everything we have fought so hard to gain.