News

  • Social Security Medicare Questions July 2015

    Social Security's Disability Insurance program is littered with waste. Last year, for example, .8 billion in overpayments were made to those collecting disability benefits. In addition, the administration has allowed an enormous backlog to accumulate for Continuing Disability Reviews, which are conducted to determine whether a beneficiary has recovered enough to return to work. Currently, every dollar spent reviewing cases yields more than ten dollars in savings; if the backlog were eliminated, more than billion in savings would be returned to the Trust Fund. The potential savings from eliminating waste within Social Security are enormous and could cover the cost of the Notch Fairness Act. Second, Congress could increase the amount of income subject to the Social Security payroll tax – an option that sixty-seven percent of TSCL members strongly supported in this year's Senior Survey. Currently, yearly income earned above 0,100 is not subject to the payroll tax. .The COVID-19 pandemic has taken a huge toll on nursing homes, leading to large numbers of residents and staff becoming become ill or dying. We hope that such catastrophes may help focus attention on long-term problems that plague these facilities. .The Social Security Administration maintains a special Earnings Suspense File of wage reports that don't match the name and Social Security number of those in Social Security records. According to data from the Social Security Administration, an average of 9,762,500 wage reports per year with invalid names or Social Security numbers were received from 2000 through 2007 for an average of .68 billion in wages per year. That much in wages would be worth more than billion per year in Making Work Pay tax credits in 2009 and 2010 if those trends continue. … Continued

  • Immigration Proposals Would Add Billions In New Costs

    TSCL Gears Up For Busy New Year .We know that other prevention steps help stop the spread of COVID-19, and that these steps are still important, even as vaccines are being distributed. .Who Will Decide the Future of Your Benefits? … Continued

People most at risk of owing taxes include: .He is a member of TREThe Enlisted Association (TREA), The American Legion, the National Association of Uniformed Services (NAUS), the National Rifle Association (NRA), and the United States Flag Foundation. He was a member of the committee that chartered TREA Eagle Chapter 94, Warner Robins, Georgia, in 199He also served as their first President from 1999 to 200In 2001, he moved to Las Vegas, and joined Chapter 84, where he served as their President from 2002-200He returned to Warner Robins 2006, and rejoined Chapter 9He served as their President in 2007 and 2008, 2015, and 201He is still active in chapter activities. ."The bill has been fiercely opposed by Republicans and the branded pharmaceutical industry, which would likely lose revenue if the bill passed, leading to 40 fewer new drugs coming to the market in the U.S. over the next two decades, according to the CBO estimate. .When asked how Congress should address the lack of coverage, 79 percent of poll respondents said Medicare coverage should be expanded, while 14 percent said private Medicare Advantage plans that sometimes cover more of these services should be better promoted. Only 7 percent of respondents said Medicare's coverage of dental, vision, and hearing services should remain unchanged. .TSCL was pleased to see support grow for H.R. 1795 and H.R. 2305 this week, and we look forward to helping build additional support for them in the coming months. .The Medicare report estimated the Hospital Insurance Trust Fund will become depleted in just six more year. .If you receive a call from a person claiming to be from SSA, and that person asks you to provide your Social Security number or other information don't give it out over the phone. Contact your local SSA and report the call – it's likely to be a scam. .House Postpones Thursday AHCA Vote .Medicare open enrollment: It pays to get it right