News
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Ask Advisor June 2016
Terry Newell currently teaches leadership, decision - making, and ethics courses for a variety of organizations. He is the former dean of the Federal Executive Institute in Charlottesville, Virginia, and was the director of the Horace Mann Learning Center, the training arm of the U.S. Department of Education. .This week, the Congressional Budget Office (CBO) released a report on the nation's long term budget outlook, and Doug Elmendorf – CBO's Director – met with the House Budget Committee on Wednesday to discuss the findings. In addition, The Senior Citizens League (TSCL) saw three key bills gain critical support. .Sen. Mazie Hirono (HI) introduced S. 960 on April 15, 201It has since been referred to the Committee on Finance. … Continued
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Ask The Advisor Part D Fails Enrollees Who Take Expensive Drugs
TSCL supports several bills in the House that would strengthen your Social Security benefits by indexing the COLA using the CPI-E. Visit us at www.SeniorsLeague to learn the latest on this legislation and what you can do to help move this legislation in Congress! .Raising Medicare Age Would Save 500 Billion Dollars .Regarding Medicare, the budget blueprint calls for increased means testing for Parts B and D, and it would increase out-of-pocket spending for new beneficiaries by charging them co-payments for home health services, and by adding a surcharge to certain Medigap plans. TSCL fears that these added costs for beneficiaries could result in some unforeseen consequences. … Continued
Abrupt legislative cuts erode the trust that Congress needs for making far bigger changes in the future. TSCL urges you to engage candidates in conversations about Social Security and Medicare. Let's ask them what their plans are for fixing Social Security and Medicare and what changes they propose that would affect your benefits. .TSCL has not given up our goal of Notch reform. In recent months we have been working with long-term Notch reform allies in Congress to ensure that Notch Babies', needs are protected from deficit reduction plans that would affect people who are currently retired. .Sources: "Immigration Activists Urge Obama To Act Boldly", Carolyn Kaster, Associated Press, April 15, 201Letter to Senator Marco Rubio from Stephen C. Goss, Chief Actuary, Social Security Administration, June 28, 2013. .On its website the BLS explains that it calculates the COLA this way: .Last week TSCL was contacted by the office of Congressman Peter DeFazio (D-Wash.) seeking our endorsement of legislation he is introducing titled the "Social Security Stabilization and Enhancement Act." Rep. DeFazio says this bill is a fix for the looming Social Security Trust Fund insolvency. .All costs cited include premiums and prescription out-of-pocket. .Following the Thanksgiving recess – on Wednesday, November 30th – Democrats in the House will elect their party leaders. Republicans in both chambers and Democrats in the Senate chose their leadership teams last week. In the 115th Congress, they will be led by Senate Majority Leader Mitch McConnell (KY), Senate Minority Leader Charles Schumer (NY), and Speaker of the House Paul Ryan (WI-1), among others. .What if I make a donation and then become dissatisfied with TSCL? .On Wednesday, the Senate Finance Committee held a hearing to question Congressman Tom Price (GA-6), an orthopedic surgeon from Georgia who was nominated by President Trump to become the next Secretary of the Department of Health and Human Services (HHS). If confirmed, Congressman Price will lead the agency that has jurisdiction over Medicare, Medicaid, Social Security, and many other critical health programs.
