News

  • Congressional Corner Obligation Keep Promise

    TSCL's members and supporters are sending in thousands of petition signatures to fight the cuts that threaten senior benefits. Senior voter outcry, especially in an election year, is a highly effective means to make lawmakers wary of making major changes. .This week, key legislators revealed that they will not pass a permanent repeal of Medicare's sustainable growth rate (SGR) formula before the March 31st deadline. .While the other two rulings went against the Trump Administration, this one was a win on a key piece of Trump's health-care agenda at the end of his administration. … Continued

  • Attention Congress

    This week, The Senior Citizens League announced its support for the Social Security Administration Fairness Act (S. 3147, H.R. 6251), which was recently introduced by Senator Bernie Sanders (VT) and Representative John Larson (CT-1) with the support of six Senate cosponsors and twenty House cosponsors. .Use tools on www.medicare.gov. The Medicare website offers data bases that allow you to compare health plans and Medigap policies available in your area. There is also a drug plan finder. You will be able to find a significant volume of information, but much of it may appear difficult for the layman to interpret. Don't despair. Grit your teeth, print out information, and read it through. .Voters are worried about the impact that midterm elections could have on Social Security benefits. The U.S. Congressional Budget Office estimates that recent tax reform will add .8 trillion to the federal deficit over the next 10 years. To make matters worse, the Social Security trustees recently reported program financing has eroded, and estimated that the trust funds will run short by 2034, due to lower-than-expected revenue from tax law changes. … Continued

The study found that people who are retiring now, or who are approaching retirement, are facing a significant loss in lifetime Social Security benefits. Although the amounts vary by earnings, and years worked, in some cases today's average-earning retirees could stand to lose nearly ,000 over a 20-year retirement. .The amount of the credit will increase for many taxpayers. .The Senior Citizens League agrees with Chairman Johnson's remarks at Thursday's hearing, and we hope that Congress will address the shortfall as soon as possible so that any negative impacts on current or future retirees can be averted. In the months ahead, we will continue to advocate for solutions that strengthen the Social Security program responsibly – without cutting benefits – and we will post updates on Twitter, and here in the Legislative News section of our website. .Resources: The Medicare Rights Center has an online tool called "Medicare Interactive" that can answer more of your questions about prescription drug coverage. Try it at www.MedicareInteractive.org. .Fixing our dependence on China .The third piece of legislation they should pass is the National Defense Authorization Act (NDAA) for 202It has always been considered to be "must pass" legislation because it authorizes so many things for the military, including pay. But as we reported last week, President Trump has threatened to veto the bill because it doesn't contain a measure that he wants passed having to do with the regulations of social media like Twitter and Facebook. .The news came from preliminary findings from Oxford University, a co-developer of the vaccine. The research could also bring scientists closer to an answer to one of the big questions about the vaccination drive: Will the vaccines curb the spread of the coronavirus? .To counter concerns over the cost of "fixing" the Notch and the financial solvency of the Social Security Trust Fund, TSCL backs an alternative "capped-cost" solution. "The Notch Fairness Act" would provide Notch Babies born from 1917 through 1926, or their survivors who receive benefits based on their accounts, a choice of either improved monthly benefits, or a lump-sum of ,000 payable over a four-year period. Recent surveys of TSCL members show more than 75% favor the lump-sum legislation. .The Notch is closely connected to problems that arose the last time Congress overhauled the Social Security benefit formula in 197A transitional benefit formula was provided to phase in the changes, and protect those closest to retirement from abrupt benefit reductions. The transitional formula was flawed however, and failed to provide the promised protection.