What do you think? Take TSCL's 2016 Senior Survey..The revenues raised from the taxation of Social Security benefits are used to pay Social Security and Medicare benefits. In 2017, the Social Security trust fund received .9 billion of its 5.6 billion in revenues from the taxation of benefits and the Medicare trust fund received .2 billion of its 9.4 billion in revenues..The Senior Citizens League opposes the plan that was advanced by the Budget Committee this week since it would lead to increased costs for Medicare and Medicaid beneficiaries, and it would cut benefits for Social Security recipients. Instead, we support legislation like the Social Security 2100 Act and the Improving Access to Affordable Prescription Drugs Act, which would strengthen and reform the Social Security and Medicare programs responsibly, without cutting benefits for current or future retirees..Even though the rate of inflation is dropping, a proposal that would switch to a more slowly-growing CPI to calculate COLA continues to be pushed by proponents on both sides. The Congressional Budget Office has estimated that the "chained" CPI would reduce the federal budget deficit by more than 0 billion in the first ten years. It would do so by cutting the growth in a host of federal benefit programs, including military retirement in addition to Social Security, as well as increasing revenues if used to index the tax code..The threat among seniors of going without nourishing meals, especially those who are older and depend on Social Security for the majority of their income, like many Notch Babies, is very real. In addition to the cognitive and health problems that interfere with good nutrition as seniors age, the national median income of people over 65 is only ,75About one-in-seven seniors has little money left over for food after paying basic monthly expenses like housing, utility, and healthcare costs.."But the evidence on whether Biogen's treatment, called aducanumab, is effective is, at best, mixed; the FDA approved it this week over the objections of its own advisory committee. And with a preliminary announced price of nearly ,000 annually per patient, covering the treatment could cost upward of 0 billion a year, mostly to Medicare, which would almost double the program's drug spending. Patients themselves could be on the hook for thousands of dollars in out-of-pocket costs.".Representative Sheila Jackson Lee introduced H.R. 46 on January 3, 201It has since been referred..With the cash deficits of the disability trust fund growing and with the trust fund's projected insolvency in 2018, something will need to be done about the disability program, and soon..years, seniors participating in TSCL surveys say they are putting off visits to

Education States Make Private School Choice Part Of Covid Era Education Response Magazine2021

There's no doubt Democratic lawmakers would like to do these things because they campaigned on them last year and this would be the last chance to pass them this year. Because next year is an election year it is very unlikely any significant progress would be made then..This week, the Social Security and Medicare Trustees released their annual reports on the financial health of the programs. In addition, Senator David Vitter's Notch Fairness Act and Representative Buck McKeon's Social Security Fairness Act each gained one new cosponsor..Medicare beneficiaries would still be on the hook for the ,000 that would need to be spent out-of-pocket before the catastrophic coverage even starts. For the average beneficiary, that could take one-third or more of one's entire Social Security income for the year. … Continued

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2017 TSCL Senior Survey, "5th Annual Consumer Survey on Social Security," Nationwide Retirement Institute, April 201"25% of High Earners Have a Huge Misunderstanding About Social Security," Retire With Money newsletter, Elizabeth O'Brien, Time.com, Money, April 25, 2018..Under the policy, illegal immigrants younger than the age of 30, who came to the United States before the age of 16, will be allowed to remain in the country without risk of deportation and to get work permits if they have been law abiding and meet certain requirements. Although the policy does not grant legal status, work authorization would provide access to Social Security numbers..New eligibility rules make it considerably easier for millions of applicants, including seniors under the age of 65, who are too young for Medicare, to qualify for the program. But older seniors continue to have much more restrictive and stringent asset and savings tests to satisfy before they qualify for Medicaid, because the new rules don't apply to seniors age 65 and older. This sets up inequities in benefits between seniors like Notch Babies who are in their late 80s and 90s and who are more likely to be receiving long-term care, and other people younger than 65 who will benefit from the less stringent Medicaid qualification rules. … Continued

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