News
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Legislative Update Week Ending December 23 2016
New Legislation to Stop Looming Cuts to Medicare Urgently Needed ."The bill has been fiercely opposed by Republicans and the branded pharmaceutical industry, which would likely lose revenue if the bill passed, leading to 40 fewer new drugs coming to the market in the U.S. over the next two decades, according to the CBO estimate. .Representative Peter DeFazio (OR-4) introduced H.R. 1170 on February 13, 201It has since been referred to the Committee on Ways and Means. … Continued
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Category Legislative News
The Senate-passed bill includes a repeal of the Affordable Care Act's individual mandate, which experts predict will result in a loss of health insurance coverage for 4 million individuals, many of whom are older Americans who are not yet eligible for Medicare. Those who remain insured through the individual market are expected to see premium increases of 10 percent or more – a hike that would make health insurance unaffordable for many. Most House Republicans have said they support a repeal of the mandate, and it is expected to be included in the final version of the bill. .I don't have dental insurance and pay out of pocket. I know I will need to get some expensive work done at some point in the next year or two. Is dental insurance worth the cost? How do you go about getting a good dental plan? .The Senior Citizens League enthusiastically supports the Protecting and Preserving Social Security Act and the Social Security Fairness Act, and we were pleased to see them gain new cosponsors this week. In the months ahead, we will continue to advocate for their passage on Capitol Hill. For progress updates, visit the Bill Tracking section of our website. … Continued
Ask the Advisor: August 2021 Why Can't Legal Guardians Receive Social Security Benefits on Behalf of Grandchild? .This week, lawmakers in both chambers voted to approve a temporary spending bill to fund the government past September 30th. In addition, The Senior Citizens League's (TSCL's) legislative team met with several Members of Congress and their aides, and two key bills gained support. .Did you wind up owing federal income tax last year or this tax season due to the effects of the Making Work Pay Tax Credit? TSCL is concerned that senior taxpayers were disproportionately affected by implementation problems of the Making Work Pay Tax Credit, and is conducting an online to survey to learn how they were affected. .In his opening statement, Congressman Buddy Carter (GA-1) – the sole pharmacist in Congress – said, "I'm disgusted that we're here today to talk about drug price increases … I know free market principles are the best way to provide quality, affordable health care to the American people. But what was done here was different. Perverse business practices were employed to exploit a patient group trying to do nothing more than to extend their lives … I'll tell you that you can meet your shareholders' needs, that you can meet your board's needs, and still take care of the American public." .Guarantee a minimum COLA of no less than 3 percent. .Why does that happen? .Have You Been Fully Vaccinated? .While the President may have the power to postpone the collection of taxes, he does not have the power to forgive those taxes. Business leaders led by the U.S. Chamber of Commerce recently said the executive order is "unworkable" because employers are still required by law to withhold and remit payroll taxes. President Trump has said that "If I'm victorious on November 3, I plan to forgive these taxes and make permanent cuts to the payroll tax." .Today's seniors have spent a lifetime paying into benefit programs like Social Security. They did so under the assumption that those programs' benefits will be there for them when they need them. All too frequently, though, illegal immigrants are reaping benefits without first paying their fair share into the program, and those who paid into Social Security fear that expected benefits will not be available when the time comes.
