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    More than 42.4% of people 65 and older had incomes below 200% of poverty under the Supplemental Poverty Measure, compared to 30.4% under the official measure. .Many Members of Congress who have been long-time friends to seniors and those who have introduced key bills for The Senior Citizens League (TSCL) fared well in Tuesday's elections. Rep. Peter DeFazio (OR-4) (sponsor of the CPI-E Act) won re-election, as did Rep. Linda Sanchez (CA-38) (sponsor of the Strengthening Social Security Act), Rep. Rodney Davis (IL-13) (sponsor of the Social Security Fairness Act), and Rep. Walter Jones (NC-3) (sponsor of the Social Security Guarantee Act). .This week, The Senior Citizens League was pleased to see support grow for three important bills that would strengthen the Social Security program and reduce prescription drug prices for Medicare Part D beneficiaries if signed into law. … Continued

  • March 2014 Daily Herald

    As we begin a new year, we hope you had the best holiday season possible under the conditions we all continue to face because of the coronavirus pandemic. We know the past ten months have been extremely hard for many Americans, especially for senior citizens and their families. .This week, Members of Congress returned to Washington following a two-week recess and quickly began working on legislation to prevent a government shutdown. In addition, House Republicans revived the American Health Care Act (AHCA), which would repeal and replace most of the Affordable Care Act (ACA) if adopted. Finally, one House Subcommittee met to discuss fraud prevention within the Social Security Disability Insurance (DI) program. .TSCL enthusiastically supports S. 2011, H.R. 2575, H.R. 991, and H.R. 1205, and we were pleased to see support grow for each one this week. For more information about these and other bills endorsed by TSCL, visit the Bill Tracking section of our website. … Continued

Second, the Social Security 2100 Act (H.R. 1902) gained one new cosponsor in Representative Jimmy Gomez (CA-34), bringing the cosponsor total to 16If signed into law, H.R. 1902 would strengthen Social Security benefits by improving the cost-of-living adjustment (COLA), increasing monthly benefits by 2 percent, creating a new Special Minimum Benefit equal to 125% of the poverty line, providing a tax cut to Social Security beneficiaries, applying the payroll tax to annual income over 0,000, and gradually increasing the payroll tax rate by 0.25%. .However, there might be other ways to augment finances, particularly through an additional tax exemption and the Child Tax Credit. The American Rescue Plan Act (ARPA) of 2021 expands the Child Tax Credit for tax year 2021 in the following ways: .And third, one new cosponsor – Senator Kirsten Gillibrand (NY) – signed on to the Social Security 2100 Act (S. 2671), bringing the cosponsor total to two. If adopted, S. 2671 would comprehensively strengthen and reform the Social Security program by basing COLAs on the CPI-E, increasing monthly benefits by 2%, creating a new Special Minimum Benefit equal to 125% of the poverty line, providing a tax cut to Social Security beneficiaries, applying the payroll tax to annual income over 0,000, and gradually increasing the payroll tax rate by 0.25%. .In addition to a growing number of people affected by the tax, those who are affected pay a growing share of their benefits in taxes as well. The Congressional Budget Office estimates that 52 million Social Security beneficiaries paid 6.7% of their Social Security benefits as income tax in 2014, and projects that will rise in the future to 10% or more. .What Was I Thinking? .Click here to add your name to a petition, learn how you can help, or take a poll. .I applied for Social Security benefits in March 2007 when I was 62 years old. After a month I found a job. On September of 2007, I called Social Security to stop payment of my benefits because I was earning over the limits. I was told that the following year it would be automatically processed. From then on every year I got a few months payment. Now Social Security has informed me that I received too much and my overpayment is ,704. .Only five weeks remain before the conference committee's December 13th deadline, and House and Senate appropriators are urging the conferees to settle on a top-line spending number even earlier – before the Thanksgiving recess begins on November 22nd. Sen. Barbara Mikulski (MD), Chairwoman of the Senate Appropriations Committee, said this week: "We believe that if an agreement on a discretionary spending number can be reached early, it will allow for more thoughtful and responsible spending decisions." .The study says the program would have saved 7 million that year if generics had been substituted for all the brand-name medicines requested by prescribers. Additionally, if Medicare patients had sought generics instead of brand-name drugs, Medicare Part D would have saved another 3 million.