Issues Notch Track Bills
With over 1 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. Located just outside Washington, D.C., its mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and paid for. The Senior Citizens League is a proud affiliate of The Retired Enlisted Association. .Recommended reading: "Get What's Yours - The Secrets to Maxing Out Your Social Security," Laurence J. Kotlikoff, Philip Moeller, Paul Solman, and "How to Make Your Money Last: The Indispensable Retirement Guide," Jane Bryant Quinn. .Throughout his testimony, Elmendorf stressed the fact that programs like Social Security and Medicare will continue to grow despite the slow pace of the economic recovery. Over the next ten years, he noted that the number of Americans over the age of sixty-five will increase by one-third. … Continued
H R 46 Social Security Safety Dividend Act
This week, one new cosponsor – Rep. Gregorio Kilili Camacho Sablan (MP) – signed on to the Consumer Price Index for Elderly Consumers (CPI-E) Act (H.R. 1030), bringing the total up to twenty. If signed into law, the CPI-E Act would base the Social Security COLA upon the spending patterns of seniors. Currently, it's based upon the way young, urban workers spend their money – a method that underestimates the spending inflation that seniors experience each year. .TSCL strongly supports legislation like the Notch Fairness Act that would provide Notch babies with modest compensation, and we were pleased to see support grow this week. .In addition, one new cosponsor – Rep. David Valadao (CA-21) – signed on to the Social Security Fairness Act (H.R. 1795) this week, bringing the total up to ninety-five. If signed into law, the bill would repeal the Government Pension Offset and the Windfall Elimination Provision – two provisions that unfairly reduce the earned Social Security benefits of millions of state and local government employees each year. … Continued
Screen your calls: Even if you have caller ID, experts suggest screening calls any way. More robo-callers are making their calls appear to be local by using phone numbers from your own local calling area. Unless you know the number of the caller is legit, don't pick up. Legitimate callers, such as your doctor's office calling to remind of an appointment, will leave a message. Tell your family and friends to leave a message and to keep talking at least long enough for you to get to the phone if your phone's speaker allows you to hear the caller's message. .Last week House Appropriations Military Construction-VA Chair Debbie Wasserman Schultz (D-Fla.) pushed a Department of Veterans Affairs official at a hearing to work on a plan to offer coronavirus vaccines to veterans even if they are not eligible for VA health care. .Please join us in our efforts by signing our Social Security Fairness petition to Congress, or by calling your elected officials and asking them to support CPI-E legislation. .Cost-of-Living Adjustments (COLAs) have languished at exceptionally low levels in recent years. Administration officials and economists point to the sluggish economy and recent economic recession as the reason. But government tinkering with the consumer price index (CPI) is playing an enormous role in reducing the measured rate of inflation, in turn cutting the growth in Social Security benefits. .A huge inconsistency between U.S. immigration law and Social Security threatens to undermine the income security of millions of U.S. senior citizens and the disabled. In 2004 Congress passed legislation requiring immigrants to have work authorization at the time a Social Security number is assigned or at some later time, in order to become entitled under Social Security.(1) Therefore, immigrants who obtain authorization to work in this country may eventually claim benefits based on all earnings. .It remains my goal in the 110th Congress to ensure that our Social Security system remains solvent and available to those who have spent a lifetime legally accruing benefits. I will continue to oppose international agreements that risk costing America's seniors their retirement security. In addition, I will continue to advocate an enforcement-first approach to immigration policy. Only when we have the mechanisms in place to effectively stem the flow of illegal immigrants into the U.S. can we begin to address the strain they place on our financial resources, including the Social Security system. .The Senior Citizens League's Legislative Liaison Joe Kluck visited Capitol Hill on Tuesday, December 4, 2018. .Leading GOP plans impose broad spending reductions, would overhaul Medicare and cut Medicaid, while President Obama and Democrats are insisting tax increases are required, particularly on people with higher incomes over 0,000. Respondents to TSCL's Seniors Survey also tended to be more divided when asked whether they "strongly agreed" that the budget deficit should be reduced by cutting discretionary spending, or by closing tax loop holes and small revenue increases. However, when those in the middle, who "agree somewhat," are counted, a majority, 74%, agree that the budget deficit should be reduced by a fair balance of both discretionary spending cuts and modest revenue increases. .According to the Congressional Budget Office's (CBO) recent baseline data for the Social Security Trust Funds, Social Security is expected to receive about 7 billion in payroll tax revenues in 202The CBO further estimates that the Trust Fund would receive billion in revenues in 2021 from the taxation of Social Security benefits.