To read the full statement from Chairman Cates on Thursday's Supreme Court decision, click HERE..Well, to our surprise, it was announced last Friday that House and Senate committee leaders have struck a deal on a bipartisan fix for the problem..This week, action on Capitol Hill was slow as both Houses of Congress adjourned for the August recess. Members of both the House and the Senate are expected to return to Washington on Monday, September 10th..Until then, many Members of Congress will be holding town hall meetings to address the questions and concerns of their constituents. TSCL encourages its members and supporters to attend these town halls and to ask questions of their elected officials about important Social Security and Medicare issues, like the following four….On Monday evening, Senator John Cornyn told reporters that the Senate's bill would include major differences from the House version. He said: "We're going to start from scratch, really. It's helpful for us to have [House lawmakers] go first to see the kind of issues that come up and anticipate those in the Finance Committee markup. But I'm still pretty optimistic we'll get this done before Thanksgiving.".By Representative Charlie Wilson.The Senior Citizens League supports legislation called the Fair COLA for Seniors Act that would strengthen the annual COLA by tying it to a "seniors" index, the Consumer Price Index for Elderly Consumers, which over time is expected to provide modestly higher benefits than the Consumer Price Index for Urban Wage Earners and Clerical Workers, which is used to calculate the COLA under current law. In addition, TSCL supports legislation that would provide a minimum COLA of no less than 3%. This would provide extra protection in years when inflation is below that amount..President Obama Releases Budget Blueprint.AHCA Advances Through House

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Since Social Security estimated that you earned 0,320, when you only earned ,200, clearly there is an error. To contest your earnings, dig out a copy of your 2014 W2s and income tax return, the one you filed April 15th of 2015..A new analysis by Johnson compared the growth of average benefits since 2009 with what retirees would have received assuming Social Security law provided a COLA guarantee of at least 3 percent, as has been proposed by some Members of Congress, including Representative Eliot Engel. Johnson's analysis found that an average benefit of ,075 in 2009 would be 6.50 per month higher in 2018 - about 17 percent higher - had Social Security recipients been protected by a 3 percent COLA guarantee. Over the past nine years, the average retiree would have received about ,947 more in total Social Security income..Medicare spending in 2013 accounts for 16% of the federal budget. That spending is projected to almost double as a share of the nation's economy in coming years, according to the Congressional Budget Office. The House, Senate, and the President's budget plans contain a number of provisions that would cut federal spending on Medicare. But how do senior voters view the proposals? … Continued

State Indicator Percent Change In State Tax Revenue

House Subcommittee Holds "Doc Fix" Hearing.The Tax Cuts and Jobs Act is expected to appear on the House floor for a vote by November 16th the day before lawmakers adjourn for an eleven-day holiday recess. In the meantime, Republicans in the Senate are working on their own version that would likely keep the medical expense deduction intact. At the time of writing this week's update, the text of the bill had not yet been released, but a conceptual draft from the Senate Finance Committee is expected before Friday, November 10th..back to your doctor to see whether there is a less costly prescription that you … Continued

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