Born and raised in Minnesota, Larry Madison moved to the Washington, D.C., area in 1987 with his family to pursue a career as a copywriter and account executive at The Viguerie Company, a nationally known political fund-raising firm. After three years at TVC, he left to become head of fund raising for the American Defense Institute, and then for the American Security Council, both non-profit organizations involved in supporting a strong national defense..TSCL will continue to keep a close eye on the evolving immigration negotiations, and we remain hopeful that in the very near future, lawmakers will consider loophole-closing legislation that would prevent Social Security credits from being earned by work done illegally. For updates on the discussions, visit the Legislative News section of our website..The legislation fully covers the cost of providing the emergency payments by closing corporate compensation loopholes, which provide enormous tax breaks for the CEOs of the nation's top corporations. By closing the loophole, the bill also would add substantial new revenue to Social Security, extending the solvency of both the retirement and disability insurance trust funds..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%..Congressional CornerCongressional Corner: Protecting Against A New Wave of Senior Scams Congressional Corner: Rebuilding the Economy Needs to Include Mobility for Senior Citizens Congressional Corner: Two Social Security Provisions That Need to be Fixed Congressional Corner: We Can Ensure Social Security and Medicare Work. There Are Ways to do Both! Congressional Corner: It's Time for Seniors to get a Fair COLA Congressional Corner: Medicare Should Protect Your Teeth Too! Congressional Corner: Legislation Would Abolish Two Provisions That Reduce Social Security Benefits of Public Employees Congressional Corner: Planning for the Future Congressional Corner: Capping Drug Costs Could Negatively Impact Rural Health Care Systems Congressional Corner: Lowering Prescription Drug Costs Should Never Be a Partisan Issue Congressional Corner: Mediocre For All. Rural Healthcare's Road Trip to Ruin Congressional Corner: To Stay Healthy And Enjoy Retirement Means Protecting Earned Benefits and Cutting Drug Prices Congressional Corner: Two Bills That Would Bring Down High Prescription Drug Costs Congressional Corner: We Cannot Cut Medicare and Medicaid Congressional Corner: As Congress Fights Robocalls, Take Steps to Protect Yourself Congressional Corner: Fighting Back Against Senior Scammers Congressional Corner: It's Time to Tackle the High Cost of Prescription Drugs Congressional Corner: We Need Competition In Prescription Drug Pricing and to Stop Abusive Conduct That Keep Drug Costs High Congressional Corner: It's Time for Seniors to Get a Fair COLA Congressional Corner: Two Social Security Provisions Unfairly Penalize Millions of Teachers, Firefighters and Public Sector Workers.than via an ambulance gurney. Starting this year, Medicare covers a yearly.Late this week, lawmakers in the House and Senate adjourned for a week-long holiday recess. They are expected to return to Capitol Hill on Tuesday, July 10th. In the meantime, many Members of Congress will be attending local events and hosting town hall meetings in their home states and districts..Grassroots lobbying is perhaps the most effective way to let YOUR Representative and Senators know your opinion. Whether you are calling into a local or Washington, D.C. office; sending a letter or e-mail; signing a petition, or making a personal visit, Members of Congress are the most receptive and open to suggestions from their constituents..In a statement that was released after the final vote, Senator McCain said: "We must now return to the correct way of legislating and send the bill back to committee, hold hearings, receive input from both sides of the aisle, heed the recommendations of the nation's governors, and produce a bill that finally delivers affordable health care for the American people. We must do the hard work our citizens expect of us and deserve." In addition, Senator Murkowski told reporters: "We cannot let the public believe that we are done with health care. We're just beginning."

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TSCL's annual Senior Surveys indicate that roughly 56% of retiree households pay tax on a portion of their Social Security benefits. About the same number support reducing the taxation of Social Security benefits by lifting the threshold for taxation of Social Security benefits from ,000 to ,000 for single filers and from ,000 to 0,000 for joint filers..The plans also reduce spending on premiums, because they eliminate the need for supplemental insurance. While the majority of Medicare beneficiaries still receive their Medicare benefits through traditional Medicare, many also purchase a Medicare supplement or "Medigap" policy to cover the considerable amount of out-of-pocket spending that Medicare alone does not cover, and a free-standing Part D drug plan..The Congressional Budget Office recently reviewed a proposal that would boost the taxable amount of Social Security benefits, as one of the options for Congress to consider to reduce the federal deficit. The proposal, which the CBO has reviewed in prior versions of its Options to Reduce the Deficit, would tax Social Security and Railroad Retirement benefits the same way that distributions from defined benefit pensions are taxed. This is expected to increase the taxable income of older Americans. … Continued

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This week, lawmakers in the Senate held several failed votes on bills that would have repealed and replaced parts of the Affordable Care Act. In addition, two key bills that would improve Social Security benefits gained support in the House..that your health insurance is taking a big portion of your Social Security,.If signed into law, S. 2023 would take a number of steps to reduce the cost of prescription drugs, including requiring the Secretary of Health and Human Services to negotiate Part D drug prices, allowing the re-importation of drugs from Canada, closing the "doughnut hole" three years earlier than current law, and prohibiting "pay-for-delay" deals between drug manufacturers. … Continued

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