The Republicans on the committee include: Sens. Jon Kyl, John Barrasso, and Mike Crapo ; and Reps. Tom Price, Nan Hayworth, Renee Ellmers, Dave Camp, Fred Upton, Tom Reed, Kevin Brady, and Greg Walden..Also, TSCL plans to be on the Hill next week visiting with the staffs of Republican Senators to find out where they are with regard to health care legislation, and in particular the Grassley-Wyden bill..Despite resistance from some lawmakers, appropriators in the House and Senate say that their work on the "cromnibus" is continuing. According to Harold Rogers, Chairman of the House Appropriations Committee, negotiations are "on schedule," and the bill should come to the floor by early next week. If it fails to get the necessary votes, lawmakers will likely adopt a continuing resolution to provide the government with short-term funding. At this point, leaders are saying that a government shutdown is not something that they're willing to consider..For more progress updates or for more information about these issues, and other bills that would strengthen the Social Security program and make improvements to Medicare, visit the Bill Tracking section of our website or follow TSCL on Twitter..Fifty-six percent of participants in a national survey by The Senior Citizens League say they pay taxes on their Social Security benefits. "The tax on Social Security income takes new retirees by surprise," says TSCL Chairman Ed Cates. "This is one retirement expense that must be carefully planned for. The government today taxes the Social Security benefits of a majority of older adults, even people with very modest middle incomes," he notes..I'm new to Medicare and recently had surgery. I've received several unexpected bills, including one for ,100 from the anesthesiologist. I thought these costs would be covered. What can I do?.Joe sees a solution for low COLAs and Social Security's long-term solvency issues. Currently the highest paid employees, including CEO of top U.S. companies only pay Social Security taxes on the first 2,900, even when they pull in multi-million dollar salaries. "The future of Social Security would be brighter, if the taxable maximum earnings to which the Social Security payroll tax is applied would include the high earners," Joe says..Fighting for legislation to lower the costs of prescription drugs is one of TSCL's very top priorities this year and we will keep you informed as things progress..TSCL Supports New Anti-Fraud Bill

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It also depends on the willingness of the American people to get the vaccine shot. Right now, there seems to be a reluctance among people because of, among other things, the uncertainty about the safety of a vaccine that has been rushed to market. It is a special concern for seniors because they do not often respond as well to medicines, including vaccines, as younger people do.."That simply isn't the case," says TSCL Chairman, Larry Hyland. TSCL conducts an annual survey of typical senior costs. "That data indicates that Social Security benefits have lost more than one-third of their buying power since 2000," Hyland says. "Changes that cut COLAs even further would make it that much harder for seniors and disabled beneficiaries to afford rising Medicare, energy, and other costs," he notes..According to the Federal Register "Amounts collected under section 1411 are not designated for the Medicare Trust Fund. The Joint Committee on Taxation in 2011 stated that's because No provision is made for the transfer of the tax imposed by this provision from the General Fund of the United States Treasury to any Trust Fund." … Continued

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Keep retirement accounts invested in age appropriate choices..In one of our recent updates we said we hadn't heard anything new about the 0 drug discount card for seniors that President Trump had announced in September. The program ran into obstacles because of a number of issues, including how it was to be paid for and the fact that it could violate federal election laws as an attempt to buy votes using taxpayer money..Six Tax Moves To Make Before Year End … Continued

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