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Does it make sense to allow so many to become entitled based on illegal benefits? Previous estimates by TSCL and other policy groups project that the cost could add hundreds of billions of dollars to a program that is now in deficit..Earlier this month, House lawmakers voted on a balanced budget amendment to the constitution that would have been disastrous for Social Security and Medicare beneficiaries if adopted. Did you support this drastic measure, and if so, why?.In contrast, the Social Security benefits of American workers, are not guaranteed by law. In the Supreme Court decision, Fleming vs. Nestor, the court found that Congress can make adjustments when conditions of the Social Security systems demand and that American workers who have paid their employment taxes have no legal recourse to any of the money deposited in the Social Security Trust Fund..There are apparently also political and ideological reasons for the reluctance at this point to get the vaccine when one becomes available. According to one survey, attitudes were split along party lines..TSCL Supports New Bill.their coverage, losing all of the money they paid..The Republican Platform.The amount of money that the federal government owes to its creditors - including the Social Security and Medicare Trust Funds - is now estimated to be as big as the entire U.S. economy. Economists warn that the situation can't continue without causing more economic crisis..In general, distributions from a traditional IRA are taxable in the year you receive them, although there are some exceptions. Thus you would need to figure the full amount of your distribution in figuring your provisional income.

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Lawmakers on both sides of the aisle agreed at Wednesday's hearing that displaying the full Social Security number on Medicare cards puts seniors at risk for identity theft. However, the process of removing the numbers is costly and complex. Tony Trenkle, Director for the CMS Office of Information Services stated, "It's going to be a massive undertaking if we go down this road." He explained that the process would require a technology system update and massive education efforts for beneficiaries, providers, and business associates..On Tuesday, the House Ways and Means Social Security Subcommittee held a hearing on the Windfall Elimination Provision and the Government Pension Offset, two provisions that arbitrarily reduce the earned Social Security benefits of millions of public employees. They were enacted in 1983 in an attempt to bring fairness to the system for those who receive government pensions and earn Social Security benefits, but they have not worked as intended..Medicare counseling: Counselors provide free one-on-one assistance to help you and your mom understand what Medicare covers, and other insurances, such as Medicare supplements and Part D plans, and Medicare Advantage. In addition, you can get information about the limitations of Medicare coverage of long-term care. A counselor may be able to explain the requirements to help you determine if your Mom would qualify for Medicare Savings Programs or Medicaid. … Continued

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On Monday, the White House held its Conference on Aging, which occurs once every decade with the purpose of discussing and advancing initiatives that will improve the lives of older Americans. Several members of the Obama Administration were present at Monday's event, and President Obama himself gave remarks on the challenges facing seniors today..For updates on the progress of the BCRA in the coming days, follow TSCL on Twitter or visit the Legislative News section of our website. For information on upcoming town hall meetings near you, click HERE..While most prescription drugs are paid for by beneficiaries and their Medicare Part D plans, Medicare Part B spends about billion on pricey drugs that must be given intravenously or by injection by trained healthcare professionals. Medicare pays the healthcare provider the average sales price, plus 6% for the costs associated with the purchase and storage of the medications. For example, if a drug costs ,000, the doctor would receive an additional 6% payment, or , but if a similar drug costing ,000 were used instead, the doctor would receive 0 instead. … Continued