don't start feeling better..President's Executive Order to lower Drug Prices.As further reinforcement, my colleagues and I introduced the Prioritize Spending Act that directs the Treasury to pay Social Security and Medicare first. As of this writing, the President and Senator Reid refuse to allow it to become law..While a multitude of new mandates and burdensome administrative requirements have been layered on over the past several years, payments to physicians have not only failed to keep pace with inflation, they have, in some cases, decreased in real terms..Nearly, 1.5 million people are affected by the WEP, which reduces the earned Social Security benefits of an individual who also receives a public pension from a job not covered by Social Security. For example, a teacher who spends his or her summers working a second job or a police officer who leaves the force after years of service but is not quite ready to retire can see their benefits reduced by as much as 40 percent. However, a similar worker with a private sector pension would not see this kind of reduction. We are punishing public sector employees such as our teachers, firefighters, and police officers..Major Findings.Social Security disability benefits are financed through the taxes paid by workers and their employers on earnings up to a cap of 7,000. Of the 6.2% that each pays, 0.9% goes to Disability Insurance and the rest goes to pay retirement and survivors benefits..By Representative Elijah E. Cummings.With my first bill, the Save Social Security Act, we are keeping our promise to our seniors and strengthening Social Security. This legislation eliminates the Social Security tax break for people making over 0,000 a year, while maintaining it for income earned from the current cap of 7,200 up to 0,000. This is a fairer way to extend the life of the program. In fact, the Chief Actuary of the Social Security Administration found that my legislation would extend the program's solvency for another 30 years, keeping it on firm financial footing through 206At that point, it would also close 2/3 of the remaining gap, allowing Social Security to still pay 90 percent of benefits.

Building Democracy The Story Of Legislatures Episode 2

TSCL would like to remind you to contact your Members of Congress while they are in their home states and districts. Many Senators and Representatives will attend local events or schedule town hall meetings throughout the August recess. We encourage you to approach them and request their support for fair cost-of-living adjustments, Totalization agreement reform, and other key issues..Lawmakers Adjourn for Remainder of Year.A push in the House to give legal status to illegal immigrants is reviving some movement toward immigration legislation this year. But the effort is running into outspoken opposition, including that from TSCL's grass roots senior members and supporters. At issue is whether undocumented immigrants, who have used fraudulent Social Security numbers to get jobs, would be allowed to claim Social Security payments based on earnings under those numbers. … Continued

Health Reform Perspective After Five Years Public Opinion On Health Law Remains Divided

The Internal Revenue Service interpreted the law to allow eligible consumers to receive premium subsidies regardless of whether the exchange was run by their state or by the federal government. Challengers of the law question that interpretation, saying that the law as written clearly directs subsidies to state-run exchanges only. Health law proponents say that lawmakers fully intended that subsidies be offered on all exchanges, regardless of whether they were administered by the states or federal government..TSCL agrees that the WEP and the GPO must be repealed as soon as possible so that public employees receive the retirement benefits they have earned and deserve. We look forward to working closely with Sen. Brown in the coming months to help build support for his important new bill..Refinancing a mortgage in retirement is a "special needs" situation. TSCL highly recommends that this should be discussed with an unbiased financial advisor. … Continued

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