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Call your Member of Congress at..According to the findings of a new report released by The Senior Citizens League, Social Security benefits have lost 34 percent of their buying power over the past eighteen years due to growing costs and inadequate cost-of-living adjustments. For every 0 a retired household spent in 2000, the same household can only buy around worth of goods and services today..The American Health Care Act will go next to the Senate. TSCL strongly opposes this legislation and is urging older Americans to contact their Members of Congress. To learn more, visit..Natural disasters can affect the consumer price index by showing up as higher costs, particularly when gasoline supplies are disrupted, and large numbers of people are forced to evacuate needing shelter and food away from home. But Joe thinks that our government economists may be cooking the books in their methods of measuring price increases..Washington, DC) An eye - popping new list compiled by The Senior Citizens League indicates that, by late 2020, price increases for many of the expenditures of older Americans far outstripped the modest 1.3 percent cost of living adjustment boost that Social Security recipients start receiving this month. "This list is a snapshot of how COVID-19 affected prices of certain items through the end of November 2020," says Mary Johnson, a Social Security policy analyst for The Senior Citizens League. "There are surprising price aberrations that we haven't seen before," Johnson says. "Never in my wildest dreams would I have thought that toilet paper and disinfecting wipes could wind up on our annual list of fastest growing retiree costs," Johnson says..Social Security Notch Reform Working towards benefit equality for older Americans..Our nation faces an urgent crisis: as middle-class families increasingly are squeezed by stagnant wages and rising costs, the dream of a secure retirement is slipping away..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..If we closed this loophole, we could ensure that Social Security continues paying full benefits to every single American who pays in, just as they were promised.