TSCL agrees enthusiastically and we believe the SAVE Benefits Act introduced by Sen. Warren and Rep. Grayson would go a long way in ensuring the retirement security seniors have earned. We look forward to working with them in the months ahead to build support for their critical new bill.."Caught Up In A Medicare Drug Fraud," Tracy Weber and Charles Ornstein, ProPublica, December 31, 2013..If signed into law, the bill would take several steps to strengthen the Social Security program. It would make the cost-of-living adjustment more accurate by adopting an inflation index specifically for seniors, increase the minimum Social Security benefit to 125 percent of the poverty line, and enact an across-the-board benefit increase of approximately 2 percent, among other things. It would also responsibly strengthen the program's finances and ensure that the trust fund is fully solvent through the year 2100..After passing The Middle Class Tax Relief and Job Creation Act late last month, Congressional leaders quickly began selecting conferees to be named on the payroll tax conference committee. The bi-partisan panel will negotiate details beyond the 60-day payroll tax holiday extension and "doc fix" that will expire March 1st..Is Congress Getting A Paycheck This Year?.With no effective treatment in sight, and no indication that the coronavirus will "magically disappear," as the President has frequently predicted, a vaccine will be "the ultimate game changer" in the pandemic, according Dr. Anthony Fauci, the nation's leading expert on the outbreak. "There's never a guarantee of success," Fauci said. But he added that he was "cautiously optimistic" that by winter, at least one of nearly a dozen promising vaccine candidates would have shown itself to be safe and effective in inducing immunity in humans..Can I Work and Receive Social Security Benefits at the Same Time?.[2] Social Security: What Would Happen If The Trust Funds Ran Out? Christine Scott, Congressional Research Service, October 21, 2013, RL33514..Like Senators Klobuchar, McCain, and Grassley, TSCL enthusiastically supports efforts by the administration to reduce prescription drug costs, and we hope to see the White House move forward on executive actions that would allow for prescription drug importation. In the meantime, we will continue to advocate on Capitol Hill for legislation like the Safe and Affordable Drugs from Canada Act and the Affordable and Safe Prescription Drug Importation Act, both of which would go a long way in reducing prescription drug costs for older Americans.

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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.".While Mr. Shkreli has become the poster boy for this price gouging, he is certainly not alone. These tactics are prominent throughout the entire industry. Drug company executives are buying life-saving drugs and increasing the prices astronomically to line their own pockets at the expense of some of the most vulnerable families in our nation..Call Social Security at for more information about your Medicare eligibility and to sign up for Part A and/or Part B. You can also apply at /retirement. You can get free personalized heath insurance counseling from your State Health Insurance Assistance Program. Many of these programs operate through area agencies on aging. Check your local phone book or call the Eldercare Locator to find help in your community. … Continued

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Choose a benefit period. The average stay for people in assisted living is 28 months, so you may want to consider a longer benefit..The income thresholds for the federal poverty levels are adjusted using a somewhat faster growing index than the one used to determine the COLA. Unlike the Consumer Price Index for Urban Wage Earners and Clerical Workers, which does not survey the costs of people over the age of 62, the Consumer Price Index for All Urban Consumers CPI-U includes the spending patterns of both younger workers and people over the age of 6Consequently the federal poverty limits increase somewhat faster than the CPI-W and today's COLAs. The 2016 poverty levels reflect a 0.1% increase over 2015 rather than zero like the Social Security COLA..New Legislation Aimed At Fixing Social Security and Medicare … Continued

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