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  • Senate Finally Gets Organized

    This week, one House Subcommittee heard from the Medicare Payment Advisory Commission (MedPAC) about its most recent report to Congress, which was titled Medicare and the Health Care Delivery System. In addition, the 2013 recovery estimate was released for the Senior Medicare Patrol, and The Senior Citizens League (TSCL) saw support grow for two key bills. .Third, one new cosponsor, Representative Jamie Raskin (MD-8), signed on to the bipartisan Fair COLA for Seniors Act (H.R. 1553), bringing the total up to twenty-seven. If adopted, this bill would better protect the purchasing power of Social Security benefits by adopting a more adequate Social Security cost-of-living adjustment (COLA). Under current law, COLAs underestimate the inflation seniors experience because they are based on the way young, working Americans spend their money. As a result, Social Security benefits have lost 33 percent of their purchasing power since 2000 according to our research. .Bloomberg News reports that the legislation would establish a task force on older investors at the Securities and Exchange Commission. This Senior Investor Taskforce would be required to identify challenges such as the financial exploitation and cognitive decline of investors older than 65, and to consider whether rules issued by the SEC or securities self-regulatory organizations should be changed to benefit them. … Continued

  • Where Do The 2020 Presidential Candidates Stand On Social Security

    Legislators cannot effectively operate on their own without the input of those who elected them. After all, the Constitution guarantees "the right of the people to petition the government for redress of grievance," acknowledging that calling upon our elected representatives is a fundamental principle of our democracy. TSCL's grassroots petition campaign highlighted this freedom and successfully grabbed not just the ears, but the eyes and attention of Congress toward the concerns of millions of seniors nationwide. .At the time of writing this week's legislative update, the bill had not yet been approved on the House floor. However, its passage is expected by early next week. Despite bipartisan support in the House, its prospects in the Senate remain uncertain. Lawmakers in that chamber have not yet acted on their version of the bill (S. 141). .Social Security recipients can look forward to receiving an annual cost – of – living adjustment (COLA) of about 1.8 percent in 2018, according to an estimate released today by The Senior Citizens League (TSCL). "A COLA of that amount would make it the highest since 2012 — but even at 1.8 percent, the raise is less than half of the 4 percent that COLAs averaged from 2000-2009," says TSCL's Social Security policy analyst, Mary Johnson. … Continued

Make a list of contact information for family members, close friends, health providers or anyone who calls regularly so you know the call is legitimate. .Most individual taxpayers will pay lower taxes, at least in the first few years, tax analysts say. But the tax cuts affecting middle-to-low-income people are temporary, and are set to expire in just eight years, by the end of 2025, while the tax cut for families in the very top income bracket is permanent. That's expected to leave the majority of taxpayers with higher tax bills down the road — something most people living on fixed income simply can't afford. TSCL is still assessing the expected impacts of the new legislation. .Sources: Social Security Disability Insurance (DI) Trust Fund: Background and Solvency Issues, Morton, Congressional Research Service, November 20, 2013, R4331"Social Security Made .3 Billion in Improper Disability Payments," Stephen Ohlemacher, Associated Press, September 14, 201"60 Minutes: Disability USA," Steve Kroft, CBS News, October 6, 201To view this story visit: http://www.cbsnews.com/8301-18560_162-57606233/disability-usa . .PLEASE be careful – and remember, there is NO vaccine, cure, or proven treatment for the coronavirus at this time. Do not waste your money on some "medicine" that supposedly will treat or prevent you from getting sick. .TSCL enthusiastically supports H.R. 4704, H.R. 4841, and H.R. 2212, and we will continue to advocate for their passage in the months ahead. For more information, visit the Bill Tracking section of our website. .If you have a question about a treatment or test found online, talk to your health care provider or doctor. If you have a question about a medication, call your pharmacist or the FDA. The FDA's Division of Drug Information (DDI) will answer almost any drug question. DDI pharmacists are available by email, [email protected], and by phone, 1-855-543-DRUG (3784) and 301-796-3400. .On Tuesday – three months later – a panel of three judges rejected the Obama administration's request in a 2-1 decision. They ruled that the state of Texas does have the legal standing to challenge President Obama's executive orders since implementing them will be costly to the state. .In an interview this week, Rep. Charles Boustany (LA-3), who sits on the House Ways and Means Committee, revealed that the negotiators have hit a road block. They are struggling to come up with an offset for the bill, which could cost as much as 3.2 billion. Rep. Boustany said, "We're running out of time. We may end up with another one-year patch before it's all over. But, you know, we'll keep working, see if we can get to something." TSCL sincerely hopes that those on the three committees will successfully merge their bills to create a permanent, sustainable path forward. We will keep a close eye on the evolving negotiations in the coming weeks, and we will continue to urge lawmakers to repeal and replace the SGR. .TSCL supports allowing any veteran to get the Covid vaccine at the VA and we will keep an eye on the progress of this effort.