News

  • Congressional Corner Rep Ted Deutch

    For help estimating how much your benefits should be, the Social Security website has an earnings test calculator. For more information about the earnings limits, get "How Work Affects Your Benefits" Social Security Publication No. 05-10069. ."The Senior Citizens League Predicts Social Security COLA May Be Post-Election Deficit-Cutting Target" .A monthly supply of diabetes drug Lantus Solostar, for example, ranges from a high of 2.00 from the mail - order pharmacy of First Health Part D Value Plus plan to a low of .75 from the network retail pharmacies for SilverScript Choice, a difference of 4.25 per month. … Continued

  • February 2014 Digital Journal

    The proposed funding increase into Medicaid's Home and Community Based Services program has two goals: reducing waiting lists for support for older and disabled Americans who want to stay in their homes rather than go into assisted living facilities or other institutions, and raising pay for home health care's largely female, minority workforce. .Before the New Year even started, TSCL had been working to convince Members of our new Congress of the immediate need to replace 2021's meager 1.3% cost-of-living adjustment (COLA) with a 3% emergency inflation adjustment. We strongly support "The 3% Emergency COLA Act," introduced by Representatives Peter DeFazio (OR-4) and John Larson (CT-1) and efforts to include provisions of this bill in emergency stimulus funding legislation. ."Tough choices." When referring to reducing the Social Security deficit, those tough choices boil down to just two choices — raising taxes or cutting benefits. The Social Security Notch is one of our nation's most ignominious examples of how tough Social Security choices went awry. … Continued

Is The IRS Paying Illegals Billions In Child Tax Credits? .The benefit reduction would be caused by a feature of the Social Security benefit formula that is sensitive to economic recessions and high unemployment. The first step in calculating benefits is to adjust the individual's earnings using the average wage index (AWI) in order to convert the value of past earnings into today's dollars. The AWI is also used to adjust the earnings levels that determine the portion of their average monthly earnings that people are allowed to keep as their benefit. .He announced that he would meet with the drug companies to discuss his plan, but top company executives subsequently refused to meet with him. The drug companies did develop their own proposal but it was rejected by the President. .The Medicare Trustees estimated in their April 2020 annual report that the base 2021 Part B premium would rise by .70 (6 percent), from 4.60 to 3.30.[9] The annual report was written prior to the coronavirus national emergency and does not incorporate the effects of the coronavirus caused recession, the interaction with an extremely low, or even no COLA, and the potential triggering of hold harmless in its forecast. .Under both measures, the poverty rate increases with age, and was higher for people in relatively poor health. .TSCL agrees, and we enthusiastically support the PRIME Act. We look forward to working with Reps. Roskam and Carney through the remainder of the 114th Congress to help build support for the critical piece of legislation. .This week, The Senior Citizens League was pleased to see support grow for four key bills that would improve the Social Security and Medicare programs if adopted. .However, there is news of importance to seniors that hasn't gotten nearly as much attention. .Old vs. New LawЧMonthly Benefit Differentials