News

  • Legislative Update For Week Ending September 6 2019

    CBO Releases New Budget Report .As part of the economic stimulus bill just passed by Congress those sharp cuts have been put on pause. .The Notch Fairness Act, legislation that would pay Notch Babies born from 1917 through 1926 a choice of ,000 in four annual installments of ,250 or an improved monthly benefit, was recently reintroduced in both the House and the Senate. Members of Congress have not forgotten about you and Notch reform may be closer than anybody thinks. … Continued

  • Q A November 2019

    The main bill in the Senate regarding prescription drug prices is one that is authored by Senators Chuck Grassley (R-Iowa) and Ron Wyden (D-Ore.). After Trump issued his executive orders, Sen. Grassley said he plans to use the time until the executive orders go into effect to build support for his own prescription drug package which, as we said above, has stalled in the Senate. .Analysts are warning about potential drug shortages, but there is a system for checking whether there really is a shortage, using reported shortage tools on the U.S. Food and Drug Administration (FDA) website. You can look up current drug shortages at :https://www.accessdata.fda.gov/scripts/drugshortages/dsp_SearchResults.cfm .By Mike Watson, TSCL Legislative Assistant, … Continued

To remedy this problem, TSCL supports Social Security "caregiving credits." These credits would be applied to a worker's Social Security earnings record to make up for years when people took time out of their working careers, and earned little or zero income, because they were caring for children, spouses, or older family members. .Immigration Reform .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. .We are still learning how vaccines will affect the spread of COVID-1After you've been fully vaccinated against COVID-19, you should keep taking precautions in public places like wearing a mask, staying 6 feet apart from others, and avoiding crowds and poorly ventilated spaces until we know more. .Get prescriptions from your veterinarian for medications: When your vet prescribes antibiotics or any other drug, don't automatically buy all the pills from the veterinary practice. Ask for a prescription. Often, you can get a cheaper price from your pharmacist instead, so check first. You can get a pet medication discount card from Costco, CVS, Rite-Aide, Walgreen's and Walmart. Compare prices with reputable online companies as well. .The House passed H.R. 1868 by a vote of 246-175 on March 19, with 29 Republicans voting in favor of the bill. .This issue has just popped up and TSCL will be in contact with members of Congress to do all we can to prevent these looming cuts and we will keep you advised as to how things are going. .Background Information: Social Security beneficiaries received another record-low cost-of-living adjustment (COLA) of just 0.3% this year. But if the COLA were based on a more accurate measure of inflation for seniors like the Consumer Price Index for the Elderly (CPI-E), they would be receiving an increase of 2.1% according to data from the Bureau of Labor Statistics. Question: Do you support legislation that would give older Americans a more fair and adequate Social Security COLA? .For example, RMDs for retirees who turned 70 ½ in 2019 would have been based on the value of their retirement accounts on December 31, 201At that time the Dow was 28,462 compared to 24,101 on April 1, 2020, when their RMD was due. However, the CARES Act waiver applies to this group as well as people like you who turn 70 ½ in 2020.