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TSCL would like to thank the following for taking time out of their busy schedules to discuss issues of critical importance to seniors: Rep. Bill Posey, Rep. Joe Wilson, Rep. Mike Coffman, Sen. Marco Rubio, Cathy Hurwit ), Lauren Lattany to Rep. David Scott ), and J.R. Sanchez..their coverage, losing all of the money they paid..If adopted, S. 269 would strengthen and reform the Social Security program by providing beneficiaries with a 2 percent benefit boost, basing cost-of-living adjustments on the CPI-E, creating a new minimum benefit set at 125 percent of the poverty line, and cutting taxes for beneficiaries. It would also apply the payroll tax to income over 0,000 and gradually increase the payroll tax rate to 7.4 percent..In order to cover shortfalls - in 2021, and every year thereafter - the Social Security Trust Fund will liquidate the special issue bonds it holds in order to pay scheduled benefits until the program becomes insolvent. According to the Social Security Trustees in 2020, without Congressional action, the combined Social Security Trust Fund will become insolvent around 2034, a little more than ten years from now. At the time of insolvency, Social Security will only receive enough revenues to pay about 77% of benefits. In other words, Congressional inaction could result in an automatic benefit cut of about 23%..First, the payroll tax cut undermines the self–sustaining nature of Social Security and for the first time in more than seventy years, the program has become reliant on the federal government's general revenues. Under the law, the government must provide Social Security's Trust Fund with a dollar–for–dollar replacement for any lost revenues due to the tax cut. In 2011, the government's reimbursement funds accounted for 13 percent of Social Security's income. TSCL finds it troubling that the tax cut has disrupted the financing structure of Social Security, which has worked seamlessly since the program's inception..Three Bills Gain Support.A report about the memo, which was published in Politico, a Washington, D.C., based news service, also stated that the lawyer "and his office late last week instructed administration officials to seek guidance from the DOJ's public integrity section, which deals with election crimes, before moving forward with the drug-discount plan. That has further stalled the plan as the health department waits for DOJ review, said two officials.".[1] Combined Old-Age, Survivors, and Disability Insurance Trust Funds February 2014 Baseline, Congressional Budget Office..Talk to your doctor about the best schedule to resume routine or elective care. Be realistic. The above Medicare bulletin continues to recommend that people age 65 and over stay home when possible, continue to social distance by standing at least 6 feet away, wear a face mask, and keep washing hands! Stay safe.