News
-
One Third Of Adults Over 65 Have Not Received Dental Care In More Than Two Years
Apply for Medicaid coverage while you wait. Check with a counselor at your local area Agency on Aging or local Medicaid department. Medicaid can take several months to start. .Use the Contact Congress feature on the Home page of this site to obtain the names, addresses and other information on your Congressional delegation. You can even e-mail directly and sign our on-line petition in this full featured legislative action center. Click Guide to Contacting Congress to go to this section now. .Sen. Mazie Hirono (HI) introduced S. 960 on April 15, 201It has since been referred to the Committee on Finance. … Continued
-
Loss Of Buying Power Report 2019
There are two types of U.S. debt: debt held by the public, like U.S. savings bonds, and debt held by government accounts. The Social Security Trust Fund is the single biggest government account holding U.S. debt, with the federal government owing the Trust Fund about .8 trillion. Since 2010, the program has paid out more in benefits than it receives in cash revenues, requiring the U.S. treasury to borrow to pay the interest due on the non-marketable bonds or I.O.U.s held by the Trust Funds — money that is needed to pay the benefits of current beneficiaries. According to a recent TSCL poll, 95 percent of older voters say that money owed to the Social Security Trust Fund should be repaid in full. .He announced that he would meet with the drug companies to discuss his plan, but top company executives subsequently refused to meet with him. The drug companies did develop their own proposal but it was rejected by the President. .When the pandemic hit early last year, seniors became more susceptible than ever to scams, because of the increased digitization of our daily lives. Newly-available resources are now being used as bait, and already existing scam techniques have unfortunately adapted to fit the pandemic narrative. … Continued
This week House Speaker Nancy Pelosi (D- Calif.) introduced a more than trillion coronavirus aid package, a sweeping effort with trillion in aid for states and cities. It also includes billion for testing people for the novel coronavirus, direct payments of up to ,000 per U.S. household, billion in emergency grants for small business and billion for the U.S. Postal Service, among other things. .The 113th Congress: A New Opportunity for TSCL .This is precisely what happened to Notch Babies. In 1977, Congress did not have the same benefit of computer software that so quickly does the projections and estimates that we have today. But even if Congress had developed examples illustrating benefit differentials among different categories of receipients "they would not have shown as great differentials as actually developed," said a paper written by James W. Kelly and Joseph R. Humphreys, that appeared in the 1994 report of The Social Security Notch Commission. Some reductions of 10% to 14% would have been anticipated at the time, but because inflation grew much more quickly than estimated, and wages grew much more slowly, benefits were reduced 13% — 30% for Notch Babies under actual conditions. .With So Much At Stake It's Time to Challenge Elected Lawmakers! .Most working people pay Social Security taxes on every dollar earned and many pay more in Social Security taxes than in federal income taxes. Yet nearly one out of five workers — some 18% — pay no Social Security taxes on any earnings over the Social Security taxable maximum — which is 8,400 in 2018. .TSCL enthusiastically supports H.R. 807, H.R. 1902, S. 1909, and H.R. 1205, and we were pleased to see support grow for them this week. For progress updates on these and other TSCL-backed bills, visit the Bill Tracking section of our website. .You should still watch out for symptoms of COVID-19, especially if you've been around someone who is sick. If you have symptoms of COVID-19, you should get tested and stay home and away from others. .Obviously we will continue to push for passage of those bills and keep you updated about their progress as things develop. .Two Key Bills Gain Support
