Racial Equity And Health Policy Event Capitol Hill Briefing On Latinos And HivaidsTwo years is a long time for even Members of Congress to go without a paycheck giving them a good incentive to bury the budget hatchet. The government will again reach the federal budget limit later this fall. A group of Republican senators have been meeting privately with the White House to lay the groundwork for a deficit reduction agreement. President Obama included a proposal to cut Social Security cost-of-living-adjustments in his fiscal year 2014 budget. GOP leaders are trying to work out a compromise on a new spending agreement. TSCL is fighting COLA cuts and visiting Members of Congress. We urge you to send letters to the editor of your local media to educate the public on the importance of the COLA and to use examples of rising costs that illustrate the erosion in the buying power of your benefits..TSCL agrees with Congressman Garamendi, and we hope to see his CPI-E Act signed into law before the end of the 115th Congress. For more information on H.R. 1251, visit the Bill Tracking section of our website. To read The Senior Citizens League's Loss of Buying Power study, click HERE..In 2010, 2011, and 2016 there was no COLA payable at all and, in 2017, the COLA was just 0.03 percent. Likewise, in 2018, the COLA was 2 percent, but rising Part B premiums consumed the entire increase for roughly half of all beneficiaries. … Continued
Blog Ncsls Task Force On Energy Supply Discusses Grid Modernization Emerging Energy TechnologiesTSCL believes that more focus needs to be placed on benefit adequacy as people spend more years in retirement. TSCL supports measures to strengthen Social Security that would increase the taxable maximum, ensuring that high wage earners pay their fair share. In addition, TSCL believes more can be done to protect Medicare from fraud and wasteful duplication of tests and services..A lot is at stake. Members of Congress and President Obama have been considering cuts to Social Security cost-of-living adjustments to lower government spending cuts that still remain on the bargaining table. In addition, the Social Security Disability Insurance Trust Fund will be fully exhausted in just three years, according to the Congressional Budget Office. An immigration amnesty would give new access to Social Security for an estimated 11.5 illegal immigrants currently in the U.S., who would become eligible for benefits that potentially include credit for earnings under fraudulent Social Security numbers..Prescription Drug Re-Importation Making safe, secure re-importation a reality. … Continued
