News
-
2015 Annual Survey Senior Costs Study Methodology
Another Broken Obamacare Promise – This One Hits Medicare .Screen your calls: Even if you have caller ID, experts suggest screening calls any way. More robo-callers are making their calls appear to be local by using phone numbers from your own local calling area. Unless you know the number of the caller is legit, don't pick up. Legitimate callers, such as your doctor's office calling to remind of an appointment, will leave a message. Tell your family and friends to leave a message and to keep talking at least long enough for you to get to the phone if your phone's speaker allows you to hear the caller's message. .This week, the Social Security and Medicare Boards of Trustees released their highly anticipated annual reports on the financial status of the two programs. One congressional subcommittee held a hearing to discuss the findings, and The Senior Citizens League (TSCL) saw . … Continued
-
Category Issues Medicare Part B Page 5
The DOJ in late March arrested a man in Southern California who allegedly orchestrated an investment scheme involving a bogus injectable cure for Covid-1A week later, the DOJ filed charges against a man whose treatment allegedly involved a combination of Vitamin C, bee pollen, hydrogen peroxide, and prayer. .Prior to 1984, Social Security benefits were excluded from taxation. Today, from 50 to 85 percent of Social Security income can be subject to taxation depending on two income thresholds. For taxpayers with incomes between ,000 and ,000 (individual) or ,000 and ,000 (filing jointly), up to 50 percent of Social Security benefits may be taxable. For individuals with incomes above ,000 or couples filing jointly with incomes above ,000, up to 85 percent of benefits may be taxable. .TSCL enthusiastically supports H.R. 1030, H.R. 3118, and H.R. 1795, and we were pleased to see support grow for them this week. … Continued
Both my wife & I are Notch Babies, and should have had higher Social Security benefits than we got. Instead of Congress fighting amongst themselves, we would be better served if they would pass a bill to catch up on our money. Are they waiting for us to die? I am 91, and my wife is 8It's a struggle to live on our benefits. .Unfortunately, the Senate disagreed among themselves about what to do and they were unable to craft a bill that could pass the Senate. .Last year Congress considered a major Medicaid overhaul that would transition the program from one that covers qualified applicants whose incomes are low enough, to a system that provides a fixed per capita payment or block grant to states. The Congressional Budget Office estimated this change would cut federal spending on Medicaid by more than 25% over the next decade. Despite lawmakers' failure to enact the change to Medicaid last year, some lawmakers in Congress and president Trump may try again this year. .This week, lawmakers returned to Capitol Hill and those in the House passed legislation that will reduce prescription drug costs at pharmacies. In addition, the House Ways and Means Social Security Subcommittee met to discuss information technology within the Social Security program, The Senior Citizens League (TSCL) saw two key bills gain support. .More than ever before, it is critical that seniors make their voices heard on Capitol Hill. In the past two years, countless proposals to cut Medicare and Social Security benefits have been backed by deficit hawks in Congress. Recent plans have called for lower cost-of-living adjustments, increased Medicare means testing, a higher retirement age, and even the phasing out of Medicare altogether. The stakes are high for seniors, and with a critical election just months away, every voice counts. The stacks of petitions that our members signed were delivered along with a personalized letter addressed to each Member of Congress. The letters expressed appreciation to those who have already signed on as supporters of the key issues. To those who have not, however, they conveyed a powerful and urgent message and served as a call to action. .TSCL agrees that lawmakers must take action soon to stabilize the individual health insurance market and to bring down skyrocketing prescription drug prices. In the coming months, our legislative team will continue to monitor and support legislation like the Improving Access to Affordable Prescription Drugs Act (S. 771, H.R. 1776), which would reduce costs and improve care for older Americans. For updates on this bill and others like it, visit the Bill Tracking section of our website or follow TSCL on Twitter. .This is no rumor — it's a fact. In 2010 the IRS paid illegal immigrants .2 billion in the child tax refunds. The original version of the video you saw, from WTHR TV in Indiana, appears to be based on a report issued over a year ago by the U.S. Treasury Inspector General for Tax Administration. The report says that the number of tax returns filed by illegal immigrants, as well as the amount claimed in Additional Child Tax Credits, has been growing rapidly and warns "the risk of fraud for these types of claims is significant." The video featured a whistleblower tax consultant who says that in many of the returns he has seen, undocumented workers are claiming the tax credit for kids who live in Mexico. .The aggressive collection efforts resulted from a one-line change tucked into the 2008 Farm Bill lifting the statute of limitations. The U.S. Treasury seized a reported .9 billion in tax refunds this year alone — million of that was for debts more than 10 years old. The Social Security Administration says that 400,000 taxpayers collectively owe 4 million in debts that are more than 10 years old. .Some Republicans said such proxy voting is unconstitutional and would subject any legislation passed with such procedures to court challenges. However, Democrats countered by citing letters from two legal scholars who argued the Constitution gives the House and Senate the power to determine their rules and procedures and the courts have declared them off limits to legal challenges.
