News

  • Hearing On Equity In Social Security In Their Own Words

    We are reading a lot these days about "Greedy Geezers." The term is used to describe supposedly self-centered seniors who insist that elected lawmakers get their HANDS OFF! Social Security and Medicare. These affluent old codgers are reportedly bankrupting the nation, leaving nothing but crushing debt and taxes for the nation's children. .The White House confirmed that many of those affected would be eligible for Social Security, Medicare and a wide array of federal benefits. "TSCL is concerned that the President's executive action would not only provide authorization to legally work in this country, but access to Social Security and Medicare benefits that, under current policy, could be based in part on earnings under fraudulent Social Security numbers," says TSCL Chairman, Ed Cates. "With the Social Security Disability Insurance program facing insolvency by the end of 2016, and beneficiaries facing a 20 percent benefit cut, we are calling on Congress to end this policy that pays benefits based on document fraud," Cates adds. .At Wednesday's hearing, members of the committee heard from Jonathan Blum, the Deputy Administrator and Director of Medicare at the Centers for Medicare and Medicaid Services (CMS). Blum stressed the need for Congress to act before January 1st, since the cost of repealing the SGR is the lowest it has been in years. He also asked members of the committee to build upon the work that CMS has already done instead of starting from scratch. "We shouldn't step back, we should step forward," he said. In addition, he urged committee members to advance a plan that would create a five-year transition period and allow CMS to continue experimenting with different payment models, like accountable care organizations and medical homes. … Continued

  • Legislative Update July 2017

    If signed into law, H.R. 973 would repeal the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) – two federal provisions that unfairly reduce the earned Social Security benefits of millions of teachers, firefighters, peace officers, and other state or local government employees each year. .President Trump signed an executive order Thursday directing the federal government to buy certain drugs solely from American factories. .Recent healthcare cost data have the experts perplexed. According to a new analysis from actuaries of the Centers of Medicare and Medicaid Services, national healthcare spending in 2011 grew at just 3.9 percent. This is the third consecutive year it's grown so slowly, making it the slowest pace in the more than 50 years such data have been tracked. Federal officials don't know for sure if it's a temporary fluke due to prolonged recessionary effects, or part of a long-term trend. … Continued

Do you know what the poverty line is? It's ,880. Who could live on that? .This program provides benefits, based on earnings and work history, to workers with disabilities who are under full retirement age. Between 1990 and 2013, enrollment increased 112.5%. Of people receiving Social Security benefits, the number of disabled individuals has grown from 3.2 to 6.7 beneficiaries per 100 covered workers, according to the Congressional Research Service. .Some Republicans said such proxy voting is unconstitutional and would subject any legislation passed with such procedures to court challenges. However, Democrats countered by citing letters from two legal scholars who argued the Constitution gives the House and Senate the power to determine their rules and procedures and the courts have declared them off limits to legal challenges. .This week, lawmakers in the Senate held confirmation hearings to question Congressman Tom Price (GA-6) and Congressman Mick Mulvaney (SC-5), who have been nominated by President Donald Trump to fill important positions in the administration. .My ex-wife passed away last year at 62, and recently my job ended. She had a good job with a pharmaceutical company for about 20 years. Can I file a claim for widower's benefits based on her account and still get my own retirement benefit later? I'll be 64 in December and I'm looking for new employment. I have not re-married. .This week, one new cosponsor – Rep. Robert Scott (VA-3) – signed on to Rep. Peter DeFazio's (OR-4) Consumer Price Index for Elderly Consumers (CPI-E) Act (H.R. 1030). The cosponsor total is now up to ten. If signed into law, Rep. DeFazio's bill would base the Social Security COLA upon the spending patterns of seniors. Currently, it is based upon the way young, urban workers spend their money – a method that underestimates the spending inflation that seniors experience. A study conducted by TSCL in 2012 found that seniors have lost 34 percent of their purchasing power since 2000 – a clear sign that the current COLA is growing too slowly. .Medigap plans by law are now barred from offering drug coverage, and beneficiaries need to add "drug only" coverage to their Medicare supplement. .Higher-income beneficiaries. People with modified gross incomes above ,000 (individuals) or 0,000 (couples) in 2017 are required to pay higher Part B premiums. The amount they pay varies depending on income. According to Medicare Trustees, their premium increases will range from to per month. .Many are wary at this point in time about the likelihood of reaching a deal before the December 31st deadline. On Thursday, Senate Majority Leader Harry Reid (NV) predicted that the Fiscal Cliff would hit as scheduled, saying, "It looks like that's where we're headed." Any hope of reaching a deal now lies in the hands of Majority Leader Reid and Senate Minority Leader Mitch McConnell (KY).