The resolution outlines more than trillion in spending cuts, calls for a repeal of the Affordable Care Act, and asks the committees of jurisdiction to come up with more than 0 billion in Medicare savings. If fully implemented, it would balance the budget within a decade.."Chaining" COLAs Still Under Consideration.This is exactly the wrong approach. Social Security is about economics, but it is also about our values. It's about who we are as a people, and what kind of country we are determined to build. Every person who represents you in Washington should be talking about protecting and expanding Social Security not cutting it..Where no average prices are available, U.S. Bureau of Labor Statistics CPI-U numeric data are used..Chapter 1The Consumer Price Index, Handbook of Methods, The Bureau of Labor Statistics, updated April 18, 2019..Before making such a major decision, we strongly recommend that you get free, one-on-one counseling from your State Health Insurance Program Medicare Counselor. Your counselor can help you compare plans to ensure that the choice you're considering is right for you. Many local area agencies on aging or senior centers host counseling programs..As part of efforts to strengthen the Social Security system, Congress included the Windfall Elimination Provision and the Government Pension Offset in the Social Security Act of 198While its intentions were noble, these changes did little to secure the Social Security system, and have instead unfairly penalized millions of public sector employees..TSCL advocates for legislation that makes affordability for Medicare beneficiaries a priority. Medicare healthcare costs are the fastest growing cost that retired households face, and beneficiaries often shoulder a heavy financial burden. "Cutting Medicare benefits, while shifting more costs to beneficiaries, would be the wrong way to strengthen program financing" says Johnson..Nearly, 1.5 million people are affected by the WEP, which reduces the earned Social Security benefits of an individual who also receives a public pension from a job not covered by Social Security. For example, a teacher who spends his or her summers working a second job or a police officer who leaves the force after years of service but is not quite ready to retire can see their benefits reduced by as much as 40 percent. However, a similar worker with a private sector pension would not see this kind of reduction. We are punishing public sector employees such as our teachers, firefighters, and police officers.

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If Congress fails to prevent a default on the federal debt, older Americans will be impacted in two major ways. First, Social Security benefits would be delayed, and millions of seniors living on fixed incomes would suffer financially. Second, health plans that cover Medicare beneficiaries and providers who treat Medicare patients would likely see postponements in their reimbursements from the federal government. Access to quality medical care could become more difficult for older Americans if that occurs..This week, sixteen new cosponsors signed on to H.CON.RES. 72, which expresses the sense of Congress that Social Security and Medicare should be protected from benefit cuts by the Joint Select Committee on Deficit Reduction. This cosponsor surge brings the total up to 28..The panel discussed the following options for strengthening Social Security, among others: updating the benefit formula for low-income workers, modifying the annual cost-of-living adjustment to make it more accurate, increasing survivors' benefits, and creating caregiver credits for those who support aging parents. However, the focus of Wednesday's hearing seemed to be on addressing the insolvency of the Social Security Disability Insurance program. … Continued

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This week, The Senior Citizens League's Board of Trustees and legislative team held meetings with several Members of Congress and their top staff to discuss key issues affecting seniors. In addition, one new cosponsor signed on to the CPI-E Act, and negotiations between the House-Senate Conference Committee continued..In addition, the Social Security Fairness Act gained one new cosponsor in Representative Mario Diaz-Balart, bringing the cosponsor total up to 16If signed into law, H.R. 1205 would repeal the Government Pension Offset and the Windfall Elimination Provision two Social Security provisions that unfairly reduce the earned benefits of millions of public servants each year..As our nation begins to deal with the problems of the long-term financing of Social Security, we face some very difficult decisions. To what extent should individuals be required to save for their own retirement and to what extent should the government provide for those who cannot or have not been able to save? Proposals for reform have yet to provide answers. … Continued

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