News
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Tscl Petitions Congress For Redress Of Grievances
Could you tell me the advantages and disadvantages of life insurance once we start Social Security? Doesn't Social Security pay widow's benefits? Do we really need life insurance if we have a (401)k and IRA savings? .Forty-eight percent (48%) have gone without essentials including food, disinfecting products, face masks, due to shortages, rationing or high prices. .Each year, due to a faulty formula that's used to determine Medicare's reimbursement rates, doctors are threatened with sizable pay cuts. This year, if Congress fails to act, doctors will face a 25 percent cut. Lawmakers consistently override scheduled pay cuts with temporary "fixes," but many doctors have grown tired of the ritual and have stopped treating Medicare patients. The estimated cost of repealing the formula has recently dropped dramatically, and many are hoping to replace it in the coming months. Doing so would provide much-needed stability for Medicare beneficiaries. … Continued
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Notch Bulletin January 2011
Budget Chair Revives Fiscal Commission Plan .This week, the Congressional Budget Office (CBO) released a report on the nation's long term budget outlook, and Doug Elmendorf – CBO's Director – met with the House Budget Committee on Wednesday to discuss the findings. In addition, The Senior Citizens League (TSCL) saw three key bills gain critical support. .Is Low Cost Dental Insurance A Good Reason to Switch Health Plans? … Continued
You don't need to be a doctor to understand that Medicare-for-all would mean access to quality health care for none. So, as presidential candidates continue their road trip to ruin for rural America, remember that the hollow promises of a trillion government-run proposal would disproportionately affect the families who work every single day to feed and clothe you and your families. .Repurpose "heirlooms in time." If you have boxes of "almost antiques" hidden away in antiques or basements pick out a few to repurpose for a second time around. Restring those old broken beads, cut apart shrunken felted sweaters and sew into new tote bags for the market. Drill holes in into old loose-leaf tea cans and plant some thyme, rosemary or a small parsley plant for a sunny windowsill. A great place to get inspiration is www.Pintrest.com. .But among other things, if consumers can't find the cost of health care, the idea of the free market is impossible. .New cosponsors sign on to Social Security Fairness Act .If you start benefits sooner than age 66 and continue to work, you are subject to Social Security earnings restriction rules. Earn more than the annual exempt amount and Social Security will withhold some or all of your earnings. In addition, once you start benefits, your income may subject a portion of your Social Security benefits to tax. .What should you do? If you still use paper tax returns, don't wait for the forms and instructions to show up in your mailbox. The IRS did not send any out this year. Visit the IRS website at www.irs.gov for forms, instructions, and to file online. Free tax assistance services may be available in your area, or call your local IRS taxpayer assistance office. .New criminal cases were filed in April against a Michigan doctor accused of pushing Vitamin C injections as a treatment, and a former "naturopathic" physician accused of peddling a "dynamic duo" of substances on Facebook that he claimed could kill the virus. .Since 2010, seniors have failed to receive a COLA increase three times. When a COLA increase did occur, it has never met seniors' needs. In 2016, the increase was a meager 0.3% and it was only 2% in 2017. .This week, two new cosponsors – Representatives Michelle Lujan Grisham (NM-1) and Mike Coffman (CO-6) – signed on to the Credit for Caring Act (H.R. 4708), bringing the cosponsor total up to five. If signed into law, the bill would provide eligible caregivers with a new tax credit equal to 30 percent of all expenses greater than ,000, and capped at ,000 per year.
