• Update For April 17 2021

    Case 2— A man born in Mexico worked under his father's SSN for 9 years and then had these wages transferred when he acquired his own SSN before collecting retirement benefits. From 1999 to 2002 he collected approximately ,441 in retirement benefits, including benefits for dependents based on his account. Estimated benefits over 20 years — ,300. .It would permanently set the Social Security Administration's administrative funding at 1.5 percent of overall benefit payments, more than doubling the funding that the administration currently receives. .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

  • H R 1001 Notch Fairness Act

    What is the current status of the Notch issue? .The opinions expressed in "Congressional Corner" reflect the views of the writer and are not necessarily those of The Senior Citizens League. .Congressman Elijah Cummings (MD-7), Ranking Member of the Committee, agreed, saying: "Drug company executives are lining their pockets at the expense of some of the most vulnerable families in our nation … [People in my district] struggle every single month to pay the increasing cost of housing, education, and health care. They live from paycheck to paycheck and sometimes from no check to no check." He went on to promote his bill, the Prescription Drug Affordability Act, which would take several steps to ensure more affordable prescription drugs, including greater price transparency. … Continued

Yet, millions of your fellow Americans, receive below poverty level checks adding to the wealth disparity and further eroding the middle-class. .By using reconciliation, it would mean there would have to billions of dollars cut from current spending programs, including Medicare. .Second, one new cosponsor – Congressman Ro Khanna (CA-17) – signed on to the Consumer Price Index for Elderly Consumers (CPI-E) Act (H.R. 1251), bringing the total up to fifty-two. If adopted, the CPI-E Act would base Social Security cost-of-living adjustments (COLAs) on the more fair and adequate CPI-E. Currently, COLAs are based on the Consumer Price Index for Urban Wage Earners (CPI-W), and they fail to keep pace with the inflation experienced by older Americans. .Other countries, such as Britain, take a more head-on approach: a national body does a cost-benefit analysis regarding the price at which a new drug is worth being made available to its citizens. Health authorities then use that information to negotiate with a drug maker on price and to develop a national reimbursement plan. .Source: The Federal Government's Long-Term Fiscal Outlook, Government Accountability Office, October 201"Monitoring Medicare+Choice, What Have We Learned?" Mathematica Policy Research, Inc., August, 2004. .The CPI-E tends to grow more quickly than the CPI-W in most years, because it more accurately accounts for the percentage of income that retirees spend on healthcare and housing costs. Those two categories tend to increase several times faster than inflation, and tend to take a bigger share of retiree income. The CPI-E tends to give less weight to items like gasoline and consumer electronics which have fallen significantly in recent months and helped drag down the COLA for 2020. .Each state operates their own LIHEAP program and has different rules about when to apply, how to apply, and the criteria to be met in order to get help. Although income requirements vary by location household incomes must be less than: .As part of the economic stimulus bill just passed by Congress those sharp cuts have been put on pause. .The Finance Committee members spent much of Tuesday's hearing debating the primary motivators of rising healthcare costs, especially growing premiums in the individual market. Many on the committee seemed convinced that the ACA is to blame, while others said the Trump Administration is responsible.