News

  • The Senior Citizens League Weekly Update For Week Ending November 1 2019

    By Rick Delaney, Chairman of the Board, TSCL .According to the Congressional Budget Office (CBO), wages are growing faster for people who earn more than the Social Security taxable maximum than for people earning less. The CBO projects that this unequal growth in earnings will cause a decline in revenues received by the Social Security Trust Fund over the next decade. .In the coming weeks and months, TSCL looks forward to working with Congressman Duncan's office to build bipartisan support for the CPI for Seniors Act. For updates on the progress of the bill, click HERE for visit the Bill Tracking section of our website. … Continued

  • Legislative Update Week Ending June 3 2016

    Since enactment 84 years ago, Social Security has been the most reliable source of retirement income that most retirees have. That said, our current Social Security program has a funding imbalance that's creeping forward. In 2018 the Congressional Budget Office reported that Social Security's total benefit costs exceeded its total income, including (for the first time) the "interest" income on the special obligations bonds, or I.O.U.s that are held by the trust fund. According to the Social Security Trustees, from here forward, Social Security benefits will be financed with a combination of payroll taxes, revenues from the taxation of Social Security income, "interest" income from the special obligation bonds, and net redemptions of those bonds, until the reserves held from the Trust Funds are depleted. .What Kind Of Health Insurance Do Members of Congress Get? .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. … Continued

This week, lawmakers returned to Capitol Hill from the holiday recess and one Senate Subcommittee held a hearing to discuss a paid family leave proposal that would negatively impact the future of the Social Security program. In addition, The Senior Citizens League (TSCL) saw support grow for three key bills. .Second, two new cosponsors – Representative Josh Harder (CA-10) and Representative Abby Finkenauer (IA-1) – signed on to the Social Security 2100 Act (H.R. 860), bringing the total up to 20This bill, if adopted, would comprehensively strengthen and reform the Social Security program. .Low-income "dual eligibles" — Medicare beneficiaries whose incomes are so low that they are also eligible for Medicaid. Part B premiums are paid on their behalf by their state Medicaid program (about 19% of beneficiaries).[4] .Those born during the Notch period are the same Americans who fought and sacrificed during World War II. When they retired, they paid the price of "saving Social Security" for future generations by receiving lower benefits for the rest of their lives. Now, although they receive lower benefits, they are among the senior age group hit hardest by escalating health care costs. Time is running out for Notch Babies. Congress must act soon. .Shopping For a Better Drug Plan NOW Can Put More Money in Your 2020 Budget .'It´s not clear why the administration hasn't made a bigger push to line up votes to get a bill through the Senate and a deal with Congress, given strong public support to lower drug costs,' said Tricia Neuman, a Medicare expert with the nonpartisan Kaiser Family Foundation. .Emergency 3% COLA, Social Security And Medicare Issues Land on the Congressional Priority List .Direct federally funded community health centers to pass discounts they now get for insulin and EpiPens directly to low-income patients. .There is a misconception that all veterans can get health care through the Department of Veterans Affairs. But that is not true. To get health care there a veteran must have a VA-rated disability.