News
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Notch Bulletin March 2011 Feed
Speaker of the House Paul Ryan announced earlier this year that he wants to overhaul entitlement spending. TSCL is concerned that, after the elections, Congress could address rising deficits by moving legislation that would cut Social Security benefits. .The Notch Fairness Act, legislation that would pay Notch Babies born from 1917 through 1926 a choice of ,000 in four annual installments of ,250 or an improved monthly benefit, was recently reintroduced in both the House and the Senate. Members of Congress have not forgotten about you and Notch reform may be closer than anybody thinks. .With the Senate being so sharply divided, achieving that result is very questionable. … Continued
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Congressional Corner Lets Make Healthcare Affordable
Social Security Reform – Extending the program's solvency without enacting harmful cuts. .Initial Coverage Period: During this stage of coverage you pay a co-pay or co-insurance of 25% of the cost of covered drugs, and the plan pays 75%, up to a total of ,005 (beneficiary) and ,015 (plan). This includes any applicable deductible. Your plan's full retail drug cost, not your co-pay, is what counts toward entering the coverage gap. Your co-pays or True Out-of-Pocket costs (TrOOP) count toward exiting the coverage gap and qualifying for catastrophic coverage. .I recently received an email with a link to a "Tax Loophole for Illegals" video claiming that the IRS had paid over billion in Child Tax refunds to illegal immigrants. Is this an Internet rumor? How can our government give away billions to illegals, when they don't pay any taxes? … Continued
The following Members of Congress, among many others, will be holding town hall meetings this week: Sen. Michael Crapo (ID), Sen. Jerry Moran (KS), Rep. John Ratcliffe (TX-4), Rep. Gus Bilirakis (FL-12), Rep. Bradley Byrne (AL-1), Rep. Tom Cole (OK-4), Rep. Tom Emmer (MN-6), Rep. Tom Graves (GA-14), Rep. Doug LaMalfa (CA-1), Rep. Thomas Massie (KY-4), Rep. Susan Brooks (IN-5), and Rep. Robert Pittenger (NC-9). .The Social Security Fairness Act — Under current law, millions of teachers, police officers, and other retired public servants see their Social Security benefits cut by hundreds of dollars due to two unfair provisions of the Social Security Act: the Government Pension Offset and the Windfall Elimination Provision. TSCL has been advocating for the repeal of these two provisions for several years, and in our December meeting with the bill's sponsor, Congressman Rodney Davis (IL-13) said he will continue to work tirelessly towards its passage in the 116th .I've been hearing a lot recently that Social Security is a Ponzi scheme. Just how much in Social Security benefits can I expect? I just turned 62, but I'm still working and haven't started benefits yet. .TSCL enthusiastically supports H.R. 1391 since it would strengthen the program without cutting benefits for seniors. We were pleased to see support grow for it this week. .Compare costs. Before making any decision to drop your current plan ask for a breakdown of costs of the plan you are considering. However, keep in mind the information supplied by an insurer or agent may be incomplete or omit important cost information. Don't sign anything without consulting several outside sources of information. .One rule, known as "most favored nation," would require Medicare to tie the prices it pays for drugs to those paid by other wealthy countries. The other rule would limit rebates paid to middle men (called "pharmacy benefit managers" or "PBMs") by drug makers in Medicare. .TSCL enthusiastically supports H.R. 2745, H.R. 3118, and H.R. 1795, and we were pleased to see support grow for each of them this week. .The Senior Citizens League enthusiastically supports S. 2554, H.R. 1251, and H.R. 4704, and we will continue to advocate for their passage in the months ahead. For more information, visit the Bill Tracking section of our website. .The Senior Citizens League believes it is time to focus on the adequacy of Social Security benefits to meet rising Medicare costs. COLAs have been insufficient to cover the Part B premium in five out of the past ten years — 2010, 2011, 2016, 2017, and 201This is a clear indication that Social Security COLA is not adequate, and not doing the job it was intended to do. .
