Legislative Update For The Week Ending September 16 2011 Feed
In mid-December there were reports that the Administration expected to begin sending out President Trump's promised 0 drug discount cards to seniors by Jan. However, we have not heard any report about whether or not that has begun. We will keep you posted when there is new information about the distribution of the cards. .The age at which you start receiving Social Security benefits. .In 2016, under the Supplemental Poverty Measure 14.5% of adults age 65 and older lived in poverty, compared to 9.3% under the official poverty measure. … Continued
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All costs cited include premiums and prescription out-of-pocket. .Most Americans contribute 6.2 percent of every paycheck to Social Security, but due to the taxable maximum wage cap, people earning more than 8,500 pay nothing over that amount. Do you support increasing or eliminating the taxable maximum wage limit to make the program more solvent? .The study, which examined price changes from January of 2019 to January of this year found that, since 2000, the buying power of Social Security benefits improved 3 percentage points— from a loss of 33 percent as of 2019 to 30 percent in 2020. Between January of 2000 and January of 2020, Social Security COLAs increased Social Security benefits by 53 percent, but the costs of goods and services purchased by typical retirees rose almost twice as much — 99.3 percent. Medicare premiums and out-of-pocket costs, housing, and homeowner's insurance were among the most rapidly - rising costs over the past year. … Continued
What do you think? Should health and drug plans be responsible for removing illegals from Medicare rolls? Take a poll on the TSCL homepage today! .5 DIY Holiday Gift Ideas For A Social Security Budget .Lawmakers compromised on the policy parameters of a long-term solution more than a year ago, but since then, they have been unable to come up with an offset to cover the cost of the 4 billion package. This week, Rep. Tom Price (GA-6), Chairman of the House Budget Committee, said, "We spend .6 trillion a year in this town – to come up with a pay-for ought to be relatively easy. There are things we have used before. There are areas in federal pensions … and rescission money that's available out there. We ought to be able to find some resources to pay for this patch." .Will Our New Congress Pass a Benefit Boost? .TSCL is disappointed in the repeated attempts of lawmakers to reduce funding for the healthcare of their sickest and poorest constituents in 201TSCL urges all of you to get ready to vote this election year. Start now by checking that your voter registration is up to date, particularly if you have moved recently. .The Advisory Office would give seniors hope in recovering their assets. It would address the low reporting rates by directing the FTC to educate seniors, families, and caregivers about the process for contacting law enforcement after being targeted in a fraud scheme. It would direct FTC to help improve the nation's fraud response efforts by reforming FTC's complaint system as well as enhancing fraud surveillance through better coordination with law enforcement agencies. .Now, the government of Canada is banning drug manufacturers and distributors from shipping any Canadian drugs that might be at risk of shortage to the United States. .The order is expected to apply to government programs and agencies that directly purchase drugs and medical supplies, according to lobbyists and industry watchers. They may include the Department of Veterans Affairs, the Strategic National Stockpile, and the Federal Bureau of Prisons. .This week, five new cosponsors signed on to the Social Security Fairness Act (H.R. 1795), bringing the total up to one hundred and twenty-eight. The new cosponsors are Reps. Brian Higgins (NY-26), Greg Walden (OR-2), Andre Carson (IN-7), John Barrow (GA-12), and Sean Patrick Maloney (NY-18). If signed into law, H.R. 1795 would repeal the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP) – two federal provisions that unfairly reduce the earned Social Security benefits of millions of teachers, fire fighters, peace officers, and other state or local government employees each year.