A report conducted by the Congressional Management Foundation claims that this year's budget will force House member offices to trim an additional 90,000 dollars in each office. A reduction to staff positions could mean decreased constituent services as responsibilities are shifted. .The proposal is not new. Former Federal Reserve Chairman Alan Greenspan supported a similar proposal in the late 1990s. In fact, it's one of a series of technical changes to the CPI recommended by the Boskin Commission in 1996 — which said that the CPI overstates inflation and that the COLA overpays seniors by about 1.1%. The Bureau of Labor Statistics busily instituted a number of those changes from 1995 through 2000 that, by my estimates, have already cut the rate of growth in the CPI and average Social Security benefits, compared to previous CPI measurement methodology by about 5 annually over the past ten years. If Congress were to adopt the chained CPI to calculate COLA starting with the COLA payable in 2012, that would additionally cut the growth in average benefits by about ,429 over the next ten years. .On Monday, Representatives Peter Roskam (IL-6) and John Carney (DE) re-introduced the bipartisan Preventing and Reducing Improper Medicare and Medicaid Expenditures (PRIME) Act (H.R. 818) with the support of twenty-three original cosponsors. If signed into law, the bill would combat fraud, waste, and abuse within the two programs. .In addition, the budget proposal includes more than 0 billion in cuts to Medicare providers, including hospitals, post-acute care providers, skilled nursing facilities, and pharmaceutical companies. According to the White House, these cuts would add five years to the solvency of the Medicare Trust Fund, but TSCL has concerns about how they would affect seniors' access to quality medical care. .In 2018, 74% of participants in TSCL's 2018 Senior Survey said to improve Social Security's financing, they support applying the full 12.4% Social Security payroll tax to all earnings, rather than just limiting the amount of wages that are taxable, which is 2,900 in 201Fifty nine percent of survey participants support very gradually raising the Social Security payroll tax by 1% each for workers and employers. TSCL is working to acquaint Congress with Social Security financing changes that have the broadest support among older Americans. .TSCL Believes New Policy Would Add To Growing Social Security Woes .In addition, major changes to RMD rules were already underway prior to the CARES Act. The SECURE Act, which passed in 2019, extended the age requirement for starting RMDs. If you reach age 70 ½ in 2020 or thereafter, you may wait until April 1 of the year after you reach age 72 to take your first RMD. For you, that's April 1, 202That gives your 401(k) more time to recover. .This week, TSCL endorsed new legislation from Congressman John Duncan, Jr. (TN-2) that would result in a more fair and adequate Social Security COLA. The bipartisan bill, called the Consumer Price Index (CPI) For Seniors Act (H.R. 2016), would require the Bureau of Labor Statistics to create and publish a new inflation index based solely on the spending patterns of senior citizens. .To address this issue, my office put together a two-pronged approach both locally and nationally. First, we held a resources fair in South Los Angeles, focusing on identifying and combatting senior scams with service providers that offered direct assistance for attendees. Second, I introduced a bipartisan resolution to call attention to the barrage of fraud attempts that seniors face nationwide.