House Budget Committee Approves Fiscal 2019 Blueprint."TV Ad's Flo Speaks For Drug Companies," Harry F. Rosenthal, The Associated Press, October, 30 1999..Because this is an election year, elected lawmakers are likely to be listening extremely carefully to their constituents. Your help now, and that of family and friends, could make the difference in pushing through the ,000 lump-sum legislation..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..Unfortunately, for too many members of our communities, that's exactly what is happening, and it's something that I hear about far too often. Millions of seniors across the country, including my own mother, have been the victims of financial scams and they are being cheated out of their rightful retirement..Should that come about you can be sure that TSCL will be fighting as hard as we can to stop any new attempt cut those programs that you've earned with your years of hard work and contributions to them and that you now depend on..The Social Security OIG report concluded, "Having an SSN on the MBR - regardless of the date of entitlement - improves the Social Security Administration's ability to prevent improper payments," and recommended that the agency take additional steps to ensure the oldest auxiliary beneficiaries without an SSN are still alive. Yet the Social Security Administration disagreed, saying that the Agency "believed current policies and safeguards were appropriate to meet program needs.".House Adjourns for Recess.According to the most recent Social Security Trustees report, Social Security already pays out more in benefits than it receives in payroll taxes. In 2019, Social Security paid ,047.9 billion in benefits versus receiving 4.5 billion in payroll tax revenues. Taxation of the benefits of retirees provides another .5 billion in revenues, and .8 billion is money from "interest" earned by the assets of the Social Security Trust funds, special non-marketable bonds. Social Security trustees forecast that the program will be depleted by 2035.

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The report's most critical finding was that Social Security's Disability Insurance trust fund remains in serious financial trouble. It is projected to become insolvent in 2016, and if Congress fails to take action, beneficiaries will see a 19 percent benefit cut next December. For the average disabled enrollee, that would amount to almost 0 less in monthly benefits. Each of the six Trustees urged lawmakers to reallocate the payroll tax immediately to address the program's insolvency, and to begin considering long-term solutions that will strengthen both of Social Security's trust funds.."Immigration Bill Splitting House G.O.P.," Jonathan Weisman and Ashley Parker, The Washington Post, April 4, 2014..Ignoring dental problems, though, or skipping care, can harm your health. Chronic gum infections are associated with an increased risk for heart attack according to some studies. … Continued

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Social Security and Medicare are promises to our seniors we cannot break. Seniors need to know they can trust their guaranteed benefits earned through hard work will not change..'Let the Crime Spree Begin': How Fraud Flourishes In Medicare's Drug Plan, Tracy Weber and Charles Ornstein, ProPublica, December 19, 201Listen to this story on NPR..Keep good records: If you already keep detailed records of your health expenses for tax or other reasons, good. If not, set up a bookkeeping sheet for all healthcare expenses, including items like dental and vision care that Medicare does not cover. Enter new costs as soon as you incur them, or at least monthly, so you don't miss any. Use these records at tax time to determine if you're entitled to a deduction. … Continued

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