H R 2302 Protecting And Preserving Social Security Act
However, there is no denying that the past financial crisis and the ensuing recession coupled with the increasing number of participants entering retirement has taken a toll on the Social Security and Medicare Part A trust funds. In fact, the 2013 Social Security and Medicare Boards of Trustees annual reports found that the Social Security's retirement Trust Fund will be exhausted by 2033 and the Medicare's Federal Hospital Insurance Trust Fund will become insolvent by 202I believe in maintaining the strength of these programs and in order to protect future surpluses of these trust funds, Congress must first enact meaningful reforms to ensure they remain for current and future generations of beneficiaries. .This past week the House of Representatives remained out of session, but committees continued to work remotely, holding briefings and forums over videoconferencing technology and conference calls. The House will hold votes next week on several issues that have come out of committees and are ready for a vote by the full body. .Forty-eight percent (48%) have gone without essentials including food, disinfecting products, face masks, due to shortages, rationing or high prices. … Continued
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The Senior Citizens League believes that expanding "means testing" to Part D and freezing the income levels through 2019 is a backdoor benefit cut that will eventually affect even middle-income seniors. The chief reason is that as the economy grows over the next decade, the frozen income thresholds will not increase in-kind, subjecting many more seniors to the "means test." The Senior Citizens League estimates that given different inflation scenarios, individual seniors who made between ,000 and ,000 in 2010 could be subjected to the "means test" in 2019, because of the frozen income thresholds. In addition, if the income thresholds for the "means test" had been allowed to increase, (the case before the PPACA was signed into law), we estimate that they would have increased to an amount between 0,500 to 1,800 in 2019. .Medicare is currently prohibited from covering most hearing, vision, and dental services, even though millions of seniors are afflicted with age-related hearing loss, low vision, and poor oral health. When left untreated, these conditions often result in serious injuries and complications. What do you feel should be done about this? .Congress did not receive any automatic pay adjustment this year. With so many Americans (including seniors) suffering from long-term financial set backs, and so many workers out of jobs, lawmakers wisely opted to forego a raise. They last received a pay raise in January 200At the time their salary was increased 2.8% to 4,000 from 9,300. While the recession was taking a bite out of Americans' income, the pay of Members of Congress grew by ,800 from the time the recession began at the end of December 2007 through 2009, according to the Congressional Research Service. Over the decade 2000 through 2009, Congress gave themselves a total of 9 pay hikes, raising their salaries a total of ,300 from 6,700 in 1999 to the 4,000 that they receive in 201Legislation passed in 1989 established the current formula used to automatically adjust the Congressional pay increase that they refer to as a "cost-of-living adjustment" (COLA). … Continued
TSCL strongly supports legislation that would provide a minimum COLA in years when inflation is below average — such as the Guaranteed 3% COLA Act (H.R. 991) sponsored by Representative Eliot Engel (NY-16). How are low COLAs and higher costs affecting you? Let your Members of Congress know! Call 1-844-455-0045. .Most people who spend the night in the hospital would say they have been an inpatient. But over the past six years, rapidly growing numbers of Medicare beneficiaries have learned that they were never admitted as an inpatient — even though they have stayed in a hospital bed, received treatment, diagnostic tests, and drugs. .When we contacted the governor's office for evidence to back up DeSantis' comments, press secretary Cody McCloud didn't produce any studies or statistics. Instead, he cited the Florida Department of Health's contact tracing program, writing that it "has not yielded any information that would suggest any patients have been infected while travelling on a commercial aircraft." .Overpayments are recovered by several means. If the beneficiary is still alive, the overpayment may be sent back to the Social Security Administration, or the Administration will withhold benefits until the amount is paid in full. Other means include seizing tax refunds, wage garnishments, settlements and civil suits. When beneficiaries can't afford to repay the overpayment, a lesser withholding amount can be requested, or beneficiaries can contact Social Security to set up a monthly installment plan to repay the amount. Those who don't agree that they have been overpaid can appeal. Learn more about overpayments at SocialSecurity.gov. .Richard "Rick" Delaney joined the United States Air Force in June of 196He served three tours of duty in Southeast Asia in 1966, 1969, and 1971 as well as two tours to Europe in Germany and England. He has been stationed in Tennessee, Arkansas, Alabama, Wyoming, California Georgia and South Dakota. .Increase the taxable maximum wages. Raise the maximum wages upon which Social Security is paid, currently 6,800. .Older adults age 65 and up have been disproportionately impacted by COVID-1Because retirees depend on Social Security for a major share of their income, they tend to spend their benefits on essentials right away. We feel that boosting the inflation adjustment is an important way to get crucial extra cash to older Americans and back into our nation's economy. .Even Republicans who support changing the regulations are opposed to putting it in the NDAA and they may support an effort to pass it and try to override the President's veto, which would be the first of his presidency. .However, the ACA, also known as "Obamacare", already requires health insurers to cover pre-existing conditions. We are not sure why The President said what he did, except that his administration is in court trying to have the ACA declared unconstitutional, and maybe he anticipates a need for his order.