News

  • Legislative Update For Week Ending August 8 2019

    Yet here we are today facing another failure to pass legislation on time, which has happened year after year under McConnell. .Expanded tax credits — Social Security numbers would pave the way for applicants to claim the Earned Income Tax Credit, and Additional Child Tax credit. In a recent Senate hearing, Eileen O'Connor, who ran the Justice Department's Tax Division under George W. Bush, explained that these refundable tax credits, "can create a ‘refund' of an amount you never paid as income taxes. So you can have a liability before the credit of 0, have paid in nothing, and with a refundable earned income tax credit of ,000, get a check from Uncle Sam for 0." She went on to say that immigrants who acquire Social Security numbers would be able to amend three years of previous tax returns to claim the earned income credit. The U.S. Government Accountability Office recently reported that an estimated 24% of all refunds due to the Earned Income Tax Credit are paid improperly. .At the hearing, much of the focus was on the current state of the Social Security Trust Fund. Most Members of the Subcommittee, including Chairman Sam Johnson (TX-3), seemed to agree that Social Security is on the fast track towards insolvency, but Ranking Member Xavier Becerra (CA-31) was adamant that the program is on solid footing. … Continued

  • 70 Of Older Voters Think Social Security Payroll Tax Should Apply To All Earnings

    In a letter to the bill's sponsors, Ed Cates – Chairman of TSCL's Board of Trustees – wrote, "When family caregivers don't receive the support they need, they often must leave their jobs, take on significant debt, or move their loved ones out of their homes and into costly assisted living facilities. TSCL and its members believe the growing problem must be addressed as soon as possible." We look forward to working with the bill's sponsors in the months ahead to continue building support for the important bill. .Understand how much risk the insurer shifts to you. Deductibles can commonly range from 0 to ,500, but claims for severe weather disasters can find you responsible for paying as much as 5% of your home's insured value (up to 10 percent in Florida) before your insurer covers damage expenses. Example: Your home is insured for 0,000 and your policy calls for a 5% deductible for hurricanes. You would pay ,500 out-of-pocket on any storm claim prior to your insurer covering the rest. .You might better be able to help your brother by reminding him of doctor visits and seeing that he gets to appointments. You can also help by monitoring his care plan, and making sure he understands how and when to take prescriptions and any other forms of therapy. … Continued

This week, lawmakers in the Senate continued working on plans to reform the healthcare system. In addition, The Senior Citizens League saw five key bills gain new cosponsors in the House. .Five Key Bills Gain Support .Alexandria, VA (June 14, 2011) Cost-of-living-adjustments (COLAs) are "overpaying" Social Security recipients, and the government needs to switch to an "improved" method of measuring inflation that will give them a "small trim". That's what deficit negotiators from both sides of the aisle are saying in making the case for the government to switch to a more slowly-growing Consumer Price Index (CPI) for calculating the annual Social Security boost. .TSCL thanks those who donated, and remembers those who fought in World War II. Read one such remembrance, "My Friend Paris" contributed by TSCL member, John Seavers. .Finally, four new cosponsors signed on to the Standardizing Electronic Prior Authorization for Safe Prescribing Act (H.R. 4841), bringing the total up to eighteen cosponsors. The new cosponsors are: Representative Pete Sessions (TX-32), Representative Walter Jones (NC-3), Representative Doris Matsui (CA-6), and Representative Kyrsten Sinema (AZ-9). If adopted, H.R. 4841 would allow for and standardize electronic prior authorization for Medicare Part D beneficiaries. .Of course, members of the subcommittee also spoke, including the opening remarks of the subcommittee chairman John Larson (D- Conn.). Here are a few of his comments: .To be fair, the House of Representatives, for the most part, got its work done on time. It was once again the Senate that failed to do what it is supposed to do and pass the funding legislation that is needed for the new fiscal year which will begin on October 1. .We have been reporting recently that unless Congress passes new legislation soon there will be significant cuts in Medicare payments to health care providers, such as doctors and hospitals. If that happens it is quite possible those patients covered by Medicare would likely face negative consequences with regard to their health care. .A growing volume of research is linking problems with eyes, ears, and teeth to health problems elsewhere in the body. Links have been found to heart disease, diabetes, stroke, respiratory illness, cancer, sleep apnea, dementia, and many other serious health conditions. Better care has been found to improve overall health in patients. Mary Johnson – a policy analyst for The Senior Citizens League – said this week, "Adding coverage may help both patients and Medicare save money on other costs."