News

  • 2013 Chained Cpi Affects More Than Just Colas 2

    We enthusiastically support H.R. 1811 and H.R. 1716, and we were pleased to see support grow for both bills this week. .This week, talks to repeal and replace the sustainable growth rate (SGR) formula continued, but lawmakers revealed that a temporary "doc fix" might be necessary. In addition, The Senior Citizens League (TSCL) announced its support for a new piece of legislation, and one key bill gained support. .Unlike other types of health insurance, Part D plans do not have a fixed annual out-of-pocket maximum, and you could potentially continue to spend even more than ,100 this year. While that's a huge sum for just prescription drugs, the out-of-pocket threshold "re-sets" and it starts all over again next year. Unless Congress takes action, the out-of-pocket threshold is scheduled to make a steep increase in 2020 to ,250, due to an expiring provision of the 2010 Affordable Care Act. … Continued

  • Legislative Update May June 2018

    At this time, the FDA has authorized one COVID-19 self-test to be completely used and processed at home. You will risk unknowingly spreading COVID-19 or not getting treated appropriately if you use an unauthorized test. .Alexandria, VEighty-nine percent of people responding to a new poll by The Senior Citizens League (TSCL) are opposed to President Obama's executive action on immigration. The poll was conducted prior to the president's announcement of executive action that would allow an estimated 4.9 million unauthorized immigrants to avoid deportation. It asked, "Should President Obama bypass Congress to halt deportations of illegal immigrants?" Only 11 percent of those responding said "yes." .Lawmakers Approve Temporary Spending Bill … Continued

The House passed H.R. 1868 by a vote of 246-175 on March 19, with 29 Republicans voting in favor of the bill. .Consumers in the U.S. are used to have many choices when it comes to the products we buy. Usually that is a good thing. But sometimes it creates a dilemma in deciding which is the right one to get. It turns out that the problem of choice is creating concerns about which of the vaccines against the coronavirus we should take. .On Thursday, the Joint Select Committee on Deficit Reduction held their second public hearing, which focused on revenue options and reforming the tax code. The Committee heard testimony from Thomas Barthold, Chief of Staff of the nonpartisan Joint Committee on Taxations. .Unlike income tax brackets that are adjusted for inflation, the income thresholds that subject Social Security benefits to taxation have never been adjusted since Social Security benefits became taxable in 198When the law was first passed, less than 10 percent of all Social Security recipients were estimated to have incomes high enough to be affected by the tax on benefits. But today, even retirees with very modest incomes can be affected by the tax. .Older adults age 65 and up have been disproportionately impacted by COVID-1Because retirees depend on Social Security for a major share of their income, they tend to spend their benefits on essentials right away. We feel that boosting the inflation adjustment is an important way to get crucial extra cash to older Americans and back into our nation's economy. .On Thursday, TSCL announced its support for the Elder Protection and Abuse Prevention Act (S. 1019 and H.R. 3090). Sen. Richard Blumenthal (CT) introduced the bill in the Senate, and Rep. Matt Cartwright (PA-17) introduced the companion in the House. If signed into law, the bill would expand the federal definition of elder abuse, neglect, and exploitation. It would also incorporate elder abuse prevention trainings, screenings, and reporting protocols into all senior service access points that receive federal funding under the bill. .Just years before they were set to retire, these individuals learned that they would have significantly lower benefits than originally anticipated. The issue was created by the amendments to the Social Security Act that were signed into law in 1977, and it has compounded over time. .With the Senate being so sharply divided, achieving that result is very questionable. .Legislation to Control Drug Prices Possible This Year?