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  • Category Legislative News Page 26

    Three Key Bills Gain Cosponsors .House Postpones Thursday AHCA Vote .Sources: "Social Security, Treasury Target Taxpayers For Their Parents' Decades-Old Debts," Marc Fisher, The Washington Post, April 10, 201 … Continued

  • Legislative Update Week Ending January 16 2015

    By Representative Larry Bucshon (IN-8) .Sources: "Measuring Up: The Case for the Chained CPI," Rosenberg, Goldwein, Moment of Truth Project, May 11, 201"Changes in Calculating the Consumer Price Indexes," Congressional Budget Office, September 1997. .Finally, when older workers do land new jobs, they typically experience a steep drop in income and benefits. Median wages for people who take new jobs in their fifties fall by a median of 57 percent, and 25 percent lose their health insurance. … Continued

TSCL is continuing to meet with Members of Congress to ask for their support and passage of "The Notch Fairness Act" which was recently re-introduced in the U.S. House by Representative Mike McIntyre (D-NC), and in the Senate by Senator David Vitter (R-LA). The legislation, seeks to correct a disparity in benefits caused the last time Congress overhauled the Social Security benefit formula in 1977. .Coronavirus and the U.S. Drug Supply .Since he was first elected to Congress in 2010, Congressman Mulvaney – a founding member of the House Freedom Caucus – has been vocal about his support for reforming the Social Security and Medicare programs. In a 2011 interview, he told reporters: "We have to end Medicare as we know it. We have to fix it." He has endorsed several proposals that would privatize the Medicare program by adopting a "premium support" model, and on Tuesday, he endorsed plans to increase means-testing within the program. Both of those proposals are opposed by TSCL since they would result in higher out-of-pocket costs for beneficiaries. .For more information, or to see if your Members of Congress have scheduled town halls before the November elections, call their local offices..Please donate today to support TSCL's work to help save the integrity of your benefits! .Social Security is the largest single source of income for older Americans, providing the majority of income for half of retirees, and at least 90% of income for 18% of retirees, according to another think tank, the Center on Budget and Policy Priorities. ."Most people 65 and over take more than one prescription drug, so to get the lowest-costing plan that's right for you, people need to do a drug plan comparison based on all the drugs they currently take, " Johnson explains. "In addition, you should carefully compare prices at network retail pharmacies as well as mail order — those prices can also vary significantly," Johnson notes. .In addition, TSCL encourages its members and supporters to vote on election day, which is next week, on November 8th. To best be prepared, check out our list of election day resources right HERE. To see if your Members of Congress will be holding town hall meetings in the days ahead, call their local offices. You can find contact information HERE. For more sample town hall questions, click HERE. .With the November 4th elections now behind us, TSCL is gearing up for another action-packed year. This coming spring, the temporary "doc fix" will expire and Members of Congress will need to stave off another severe pay cut for doctors who treat Medicare patients. Failing to do so could jeopardize access to medical care for millions of senior citizens. TSCL will be advocating for a long-term solution that would repeal the sustainable growth rate formula, once and for all, and establish a permanent path forward.