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Last week, most seemed doubtful that Members of Congress would successfully reach an agreement before the looming deadline due to demands from some lawmakers to attach hundreds of controversial policy riders to the package. However, this week, many are reporting that appropriators have narrowed down the list of policy riders to a more manageable number, and leaders in Congress seem surprisingly optimistic about the prospects of the massive omnibus..The Social Security Trustees now say that benefit costs are exceeding the cash revenues coming in. Do you think changes are needed, and if so, what?.To find out how much your benefits would be reduced, use the Social Security Administration's Retirement Test Calculator at..Even patients on Medicare have faced this problem because not all health care providers accept Medicare or some Medicare supplement policies..Take The TSCL Senior Survey!.Prices charged for the category of drugs known as "specialty medications" are exploding so quickly that they're now a key source of concern for both consumers and Congress. Specialty drugs include those used to treat cancer, multiple sclerosis and rare health conditions. Spending on these drugs under Medicare almost quadrupled in recent years, rising from .7 billion in 2010 to .8 billion in 201On the other hand, spending on the same drugs under Medicaid, the program that provides healthcare for low-income Americans, grew much more slowly over the same period, rising from .8 billion to .9 billion..Later in the week, the President doubled down on his promise to try and cut prices on branded prescription drugs. Word is out that the President is considering an executive order to combat the problems of high cost drugs sold to Medicare and other government programs..CMS Leader Confirmed by Senate.The study, which was conducted by the National Bureau of Economic Research, found that a Medicare beneficiary paid 25% of the price of their branded drugs until they reached ,510 in total annual out-of-pocket spending. The patient then fell into the "donut hole" and had to pay for the full cost until they hit ,726, after which they were responsible for a 5% copay.

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Addressing the Social Security Trust Fund shortfall by increasing both the amount of wages subject to taxation and, increasing the payroll tax rate. The bill would immediately tax wages above 0,000. That threshold would not be adjusted annually, and the current law maximum of 2,900 would continue to increase as scheduled, slowly closing the gap, until all covered earnings would be subject to payroll taxes by 204The bill would raise the payroll tax rate 0.1 percentage point per year until it reached 14.8% - 2.4% higher than today. Currently employees and employers each pay 6.2% for a total of 12.4%..TSCL Endorses New Legislation.Low inflation is often blamed on the economic recession and slow recovery, but there are other factors. Unbeknownst to most of the public, the federal government has quietly made numerous changes to the methodology used for the nation's inflation measurement - the consumer price index. Politicians claim the changes make the CPI more accurate, but virtually all of the changes since the 1980's have lowered the measured rate of inflation and reduced the growth of Social Security benefits. … Continued

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Keeping the U.S. drug supply chain secure, robust, and resilient is essential for the health and national security, and economic prosperity of the United States during emergencies like the COVID-19 pandemic and for the provision of day-to-day health care..Help! My Mentally Disabled Brother Was Target Of A Predatory Auto Loan!.In March of this year, after nearly a year of debate in Congress, President Obama signed the Patient Protection and Affordable Care Act into law. As the initial media coverage and analysis of the new law reached a fever pitch, there were many news reports on a certain provision of the law that relates to prescription drug coverage retirees receive through their former employers. … Continued