News
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Fda Threatens Access To Affordable Alternative Healthcare Options
As TSCL supporters well know, Congress has not been able to accomplish significant legislative reform to the convoluted drug pricing system even though anger about high drug prices has been rising for a long time. .Increasing the payroll tax rate. Social Security is currently financed by a 12.4 percent payroll tax, split evenly between employers and employees. Gradually increasing the tax rate to 14.4 percent – just one percent more for both workers and employers – would extend the solvency of the Social Security program for decades to come and would amount to just an extra 50 cents per week for the average worker. .Members of the committee questioned several witnesses at Thursday's hearing, including Dr. Janet Woodcock (Director at the Center for Drug Evaluation and Research at the Food and Drug Administration), Nancy Retzlaff (Chief Commercial Officer of Turing Pharmaceuticals), and Martin Shkreli (founder and former Chief Executive Officer of Turing Pharmaceuticals). … Continued
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Update No 2 On Discount Drug Card
Many seniors are struggling with their vastly diminished retirement accounts following the stock market crash. Additionally, the inventory of unsold houses has now reached record highs and the forecasts for retirees who need to get their cash out of real estate are gloomy indeed. .This week, lawmakers returned to Capitol Hill following a week-long holiday recess, and four Members of Congress signed on as cosponsors to key legislation that would make the Social Security program more equitable for public employees. .Help! Mom Moved In With Us, But Her Medicare Plan Isn't Accepted Here! … Continued
You should still avoid medium or large-sized gatherings. .The conclusions of this study were echoed by a different study published in the medical journal Neurology. .The tax cut costs the federal government approximately 0 billion each year it is extended. Allowing it to expire after this year would more than cover the cost of the Notch Fairness Act's passage. TSCL believes that Congress must pass the Notch Fairness Act to correct a wrong done to those affected by the Notch. Each of the offset options above would allow Congress to responsibly pass the Notch Fairness Act without contributing to the deficit. To learn more about the Social Security Notch, visit our website at . .TSCL feels the closing of the World War II Memorial is a prime example of backwards Administration priorities. Access to that memorial should never be barred in the first place. Its construction was funded heavily by donations from the public rather than solely by tax revenues, and many donations came from Notch Babies who formed the bulk of the fighting forces during World War II. In fact, TSCL members and supporters alone donated over ,749 for the World War II Memorial Foundation. .COLAs have flat - lined at unprecedented lows over the past 7 years, averaging just 1.2 percent a year. That's less than half the 3 percent that COLAs averaged from 2000 to 200"The low growth in Social Security benefits since 2009 has a significant impact on overall retirement income of anyone who has been retired since that year," Johnson says. "For people retired over the past seven years, monthly benefits in 2016 are today 13 percent lower than if inflation had been the more typical 3 percent per year," Johnson explains. "In dollar amounts, that's 0 per month lower for someone with average benefits," she adds. "This is huge and this loss of anticipated retirement income compounds every year causing people to spend through retirement savings far more quickly than planned, " she says. "Over the course of a 25 or 30 year retirement, it reduces anticipated Social Security income by tens of thousands of dollars," Johnson says. "Unfortunately this financial impact is not fully understood by the vast majority of the public and Members of Congress — The Senior Citizens League is working to change that," Johnson notes. .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. .TSCL supports legislation that would repeal the WEP such as H.R. 3934, the Equal Treatment of Public Servants Act of 2019, bipartisan legislation introduced by Representative Kevin Brady (TX-8). .The credit will include children who turn age 17 or who are under that age in 2021. .Sources: "Prescribers With Questionable Patterns In Medicare Part D," Department of Health and Human Services Office of Inspector General, June 201"Medicare Fraud Outrunning Enforcement Efforts," The Center For Public Integrity, July 3, 2013.
