News
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Legislative Update For Week Ending March 11 2016
TSCL would like to thank the following for taking time out of their busy schedules to discuss issues of critical importance to seniors: Congressman David Valadao (CA-21), Congressman Mike Coffman (CO-6), Congressman Phil Roe (TN-1), and Mr. Thomas Woodburn (Legislative Assistant to Congresswoman Diana DeGette (CO-1)). .Congress and President Obama are battling over the federal budget, but supporters in Congress aren't about to forget Notch Babies. The Notch Fairness Act bills (H.R. 155) and (S.90) were introduced by Representative Mike McIntrye (NC-7) and Senator David Vitter (LA). They were among the first bills to be re-introduced in the new session. The bills would provide Notch Babies born from 1917 through 1926, or spouses who receive benefits on their account, a choice of ,000 payable in four annual installments or, an improved monthly benefit. .TSCL agrees that lawmakers must take action soon to stabilize the individual health insurance market and to bring down skyrocketing prescription drug prices. In the coming months, our legislative team will continue to monitor and support legislation like the Improving Access to Affordable Prescription Drugs Act (S. 771, H.R. 1776), which would reduce costs and improve care for older Americans. For updates on this bill and others like it, visit the Bill Tracking section of our website or follow TSCL on Twitter. … Continued
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Majority Of Older Americans Say Social Security Benefits Not Keeping Up With Rising Household Costs
This week, Members of Congress remained in their home states and districts for the month-long August recess. .This week, lawmakers returned to Capitol Hill and those in the House passed legislation that will reduce prescription drug costs at pharmacies. In addition, the House Ways and Means Social Security Subcommittee met to discuss information technology within the Social Security program, The Senior Citizens League (TSCL) saw two key bills gain support. .Sources: "Issues and Challenges In Measuring And Improving The Quality Of Health Care," The Congressional Budget Office, December 201"What Is Value-Based Healthcare?" NEJM Catalyst, January 1, 201"After Single Payer Failed, Vermont Embarks On A Big Health Care Experiment," Carolyn Johnson, The Washington Post, September 17, 2017. … Continued
TSCL strongly supports quick passage of the urgently needed legislation to stop the cuts. .Some Seniors to Pay More for Drugs Under New Rule .As Congress returns to work, it begins another debate over the Social Security payroll tax – and with it, a debate over funding for Social Security. Many Americans are asking how an extension of the payroll tax cut would affect the finances of the Social Security Trust Fund. That's an important question. Keeping Social Security financially strong is essential for protecting current beneficiaries – and for ensuring that Social Security's guarantee will be there for our children and grandchildren as well. .In 2007 an analysis released by TSCL estimated that if 6 million illegal workers were to gain work authorization it would cost Social Security alone more than .6 trillion in benefits through 204Under current law, if illegal immigrants get work authorization at some point they could file claim for Social Security benefits. Currently the Social Security Administration uses all reported earnings to determine entitlement to benefits, including earnings for jobs worked illegally if the worker has kept evidence, like W2s, of earnings. .The legislation fully covers the cost of providing the emergency payments by closing corporate compensation loopholes, which provide enormous tax breaks for the CEO of the nation's top corporations. By closing the loophole, the bill also would add substantial new revenue to Social Security extending the solvency of both the retirement and disability insurance trust funds. .The Finance Committee members spent much of Tuesday's hearing debating the primary motivators of rising healthcare costs, especially growing premiums in the individual market. Many on the committee seemed convinced that the ACA is to blame, while others said the Trump Administration is responsible. .As we continue dealing with the Covid 19 pandemic, TSCL remains constant in our fight for you to protect your Social Security, Medicare, and Medicaid benefits. We've had to make some adjustments in the way we carry on our work, but we have not, and will not stop our work on your behalf. .Vet services are estimated to cost at least 0 per year for dogs, and about 8 per year for cats, while many of us pay much more, even with so-called senior discounts. Diagnostic procedures can cost over ,000, while some surgeries can run in the thousands of dollars. .This week, TSCL was pleased to see four key bills gain new cosponsors in the House and Senate.
