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  • Cola Next Year May Be Zero Yet Your Housing And Medical Costs Are Jumping

    A U.S. federal judge has temporarily blocked President Obama's immigration program that defers deportation for almost 5 million illegal immigrants. Responding to a lawsuit filed by 26 states, the judge did not rule on the legality of immigration orders, but said there was sufficient merit to warrant a suspension of the new program while the case goes forward. ."Maybe the economic value of the COVID vaccine is a trillion — and even if the expense to the company was a billion, that's 1,000 times return on investment," said Schulman. "No economic theory would support that." .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

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    Increasing the amount of wages that is taxed for Social Security, which is currently limited to 7,200. Higher - wage earners currently pay no Social Security taxes at all on income earned over that amount. .Republicans Sweep Tuesday's Elections .Another bill that would improve the COLA – the Guaranteed 3 Percent COLA Act (H.R. 991) – also gained support this week. Congressman Gene Green (TX-29) signed on to it, bringing the cosponsor total up to five. If adopted, H.R. 991 from Congressman Eliot Engel (NY-16) would base the COLA on the CPI-E and guarantee a minimum annual Social Security benefit increase of at least 3 percent. … Continued

However, Senate Majority Leader Mitch McConnell (Ky.) refused to bring the bill up in the Senate for debate or a vote. As a result, Congressional leaders have been struggling over the past few weeks to come up with legislation to deal with those issues to help those Americans who have been hurt so badly by the virus and the horrible economy that has resulted. .And one more supporter said: "At present I am spending out of pocket each month and I fear that will only get worse as I age." .Because the House of Representatives has 435 members its rules are much less complicated than the Senate's, which has 100 members. If the House had the same rules as the Senate, nothing would ever be accomplished. .In the weeks ahead, The Senior Citizens League will continue to advocate for the passage of H.R. 508, and we hope to see it signed into law by the end of the 115th Congress. For more information about the Seniors Have Eyes, Ears, and Teeth Act, visit the Bill Tracking section of our website. .Lawmakers Approve Temporary Spending Bill .And then it added this, "In fact, the study found that some patients who see increased drug prices will indiscriminately cut back on all drugs—regardless of how impactful those drugs are on their health. .Seniors Speak Out: TSCL Delivers Petition Tsunami To Congress .Lawmakers from both the House and Senate remained in their home states and districts for the last week of the month-long August recess. They are expected to return to Washington on September 5th, where they will face many important challenges including lifting the debt ceiling and passing a spending bill to continue funding the government. ."Sorting this out isn't easy for most seniors or family members who try to help them," Johnson admits. "Medicare Part D can befuddle all of us," Johnson says. "But comparing plans saves so much -- where else are you going to get this sort of return for your time?" Johnson wryly notes. "Just do it. If you don't have computer access, or just are not sure how to start, get the help of a Medicare benefits counselor from your State Health Insurance Program (SHIP), " Johnson urges. Many of the programs operate through local Area Agencies on Aging or you can call the Eldercare Locator at 1-800-677-1116, or call Medicare at 1-800-MEDICARE ( 7).