Representative Elijah Cummings introduced H.R. 448 on January 10, 201It has since been referred to the Committee on Energy and Commerce, and to the Committee on Ways and Means..This week, President Obama sent his fiscal 2016 budget blueprint to Congress, and The Senior Citizens League saw one new cosponsor sign on to the Notch Fairness Act.."But all bets would be off if the current payroll tax system is eliminated, or changed to something else," Johnson says. Getting rid of the payroll tax raises a great many questions as to how benefits would be calculated. Currently, retirement benefits are calculated on the 35 years of highest earnings. "Because wages tend to grow over time, replacing the current system with something else could mean lower benefits," Johnson points out..Many in Congress talk about the need to "strengthen Social Security," but few offer proposals that would both improve program financing and at the same time improve retirement income. We encourage you to attend town halls this summer and to tell your Members of Congress that Social Security's solvency doesn't require benefit cuts. What Social Security needs is greater tax fairness and requiring all to pay their fair share..Congress Still Working to Avoid Government Shutdown.One of my bills would also increase insurance options for older Americans who are not yet age 6While the Affordable Care Act has greatly expanded insurance coverage, and limited insurers' ability to charge older Americans higher premiums, we can do a lot more to increase options and affordability. My Medicare-X Choice Act would expand on the Medicare framework to create a new public insurance plan for people of all ages..Can you afford a 24% cut in your Social Security check? Can you afford to pay even more than you do now for your health care after you get a 24% cut in your Social Security?.As with the start of any new Congress, TSCL is encouraging Senators and Representatives to reintroduce and cosponsor key legislation, like the Consumer Price Index for Elderly Consumers Act, the Notch Fairness Act, the No Social Security for Illegal Immigrants Act, and the Social Security Fairness Act. TSCL's legislative agenda for the next two years includes the following issues, among others:.As we've reported in the past, the Democrats have the narrowest of majorities in both the House and the Senate. They can't afford to lose any Democratic votes in the Senate and only 3 in the House. That's crucial because Republicans in both Houses are almost unanimously opposed to the legislation Democrats want to pass, so Democrats have to do it on their own.

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If your employer has less than 20 employers, beware. By law Medicare is the "first payer" of health insurance policies of small companies. This means you and your wife will need to enroll in Medicare in order for your healthcare claims to be covered. If you work for a company with less than 20 employees and try to file a claim, your insurer can deny it because Medicare is supposed to pay since you are Medicare-eligible. Because you and your wife are over 65, the government considers you Medicare-eligible, whether you have enrolled or not..In January, one-third of all Medicare beneficiaries could see a Part B premium increase of 22 percent the highest increase in 27 years. Do you believe Congress should take action like it did last year to prevent the dramatic increase?.This, of course, keeps the costs of those drugs much higher than if a generic version were available. … Continued

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Individuals with incomes above ,000, or couples with incomes above 0,000..Rest assured the Consumer Price Index does include food and fuel. Without those two items, the CPI would grow much more slowly than it already does and so would your annual-cost-of-living adjustment..The Congressional Budget Office recently released its fall economic and budget update which estimates that due to the COVID-19 pandemic, Medicare outlays will grow 12% over 2020, double the rate what was forecast in April. If that estimate proves to be the case, that suggests the Part B premium increase could be twice as high as the earlier forecast - about .40 per month. … Continued

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