The following is an op-ed by U.S. Representative Dennis A. Ross and does not necessarily reflect the views of TSCL..This is not a sustainable spending pattern for retired and disabled households. In recent years, Social Security recipients more typically reported that housing and medical expenses, not food, increased the fastest and were the two top cost concerns..What to Do When Your Doctor Prescribes an Expensive Medication that Your Insurance Doesn't Cover.The average Social Security benefit today is only ,240 a month. That's only 25% above the federal poverty level. More than one -third of all recipients depend on Social Security for 90% of their retirement income..More than 45 million Social Security beneficiaries were receiving benefits by 2000. The beneficiaries who are still alive are the group that has absorbed the fullest extent of the COLA cuts to date, which compound like interest, growing deeper over time. Chaining the COLA would cut benefits for this group an additional 10% through 2025, the analysis found..I was born May 10, 1960. Can you tell me my retirement age? I've read that the retirement age for Social Security is rising. How does this affect the amount that I receive in benefits? Can I still retire and receive benefits at age 62?.Are Members of Congress Giving Up Their Health Insurance for Obamacare?.Two Social Security Reforms That Seniors Strongly Support.According to a news report we've seen, groups that support President Trump are urging him to take a "hard look at mandatory spending, the root cause of the United States' fiscal woes." And when they say "mandatory spending" they are talking about Social Security and Medicare.

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Will My Social Security Benefits Be Taxable?.This week, one new cosponsor Senator Dean Heller signed on to Senator David Vitter's Notch Fairness Act. Senator Heller is currently the bill's only cosponsor..Upon introducing the bill back in 2015, Congressman John Larson said: "Social Security remains the nation's bedrock retirement program and provides vital protection … Many Americans, however, do not believe it will be there for them when they retire. I am proud to announce a common sense path forward today that not only strengthens benefits now, but ensures Social Security will be here through the next century." … Continued

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Inflation, as measured by the U.S. Bureau of Labor Statistics' consumer price index, has taken a deep tumble over the past year, meaning older Americans will have to settle for a cost-of-living adjustment of 1.6% in 2020 after getting a 2.8% increase this year..With the end of the 2021 fiscal year on Sept. 30 fast approaching, they face a massive workload if they hope to finish by then. Technically, they are supposed to pass legislation funding the federal government for fy202No one expects that will happen but they still must pass a "continuing resolution" which will keep the government going for an additional period, giving them time to pass the new budget. If they don't do that the government will shut down..Call Congress … Continued

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