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By Rick Delaney.benefit does not cover some extras like drugs, supplies and extra.With unemployment still 5.4%, and less payroll tax revenue to finance the benefits of swelling Social Security rolls, how is the program's financing faring during our 2021 economic recovery? The Social Security Trustees are expected to soon release a much-anticipated annual report that gives us our first real glimpse of how the recession caused by the COVID-19 pandemic affected Social Security's retirement, survivors and disability programs in 2020..President Trump has said that he wants to deliver on his promise to lower drug costs, but bipartisan legislation is required to cap costs and provide real cost savings for older Americans. If Congress fails to take action, older Americans will bear the increasing burden of higher drug spending through depleted savings, higher taxes, and a lower standard of living..For each of the reasons above, TSCL sincerely hopes that Congress will allow the Social Security payroll tax cut to expire at the end of this year. Extending it for a third time would be irresponsible, and we fear that it could jeopardize the program's ability to fully pay Social Security benefits in the future. To learn more about the tax cut and other issues affecting Social Security, visit our website..While restricting a potential Part B spike in any given year is good news for beneficiaries, the problem itself isn't going away any time soon. "Unless Congress acts to boost Social Security benefits and finds a better way to adjust benefits for growing Medicare costs, this problem will continue occur with greater frequently in the future," says Johnson. "This approach of imposing future premium repayments doesn't fix the problem - it's like a payday loan. It just makes the premiums grow faster later, and the problem is triggered again the next time when COLAs are extremely low," Johnson says. The Senior Citizens League is working to get legislation introduced that would provide an emergency COLA of 3 percent in 202To learn more, visit..Rep. Matt Cartwright introduced H.R. 4445 on April 10, 201It has since been referred to the Committee on Education and the Workforce..Key Social Security Bills Gain Support.More than 1,057 respondents participated in The Senior Citizens League's annual senior survey, which was conducted from January through March of this year. Participants confirmed that monthly household expenses made steep increases over the past year, far in excess of the dollar amount that their COLAs increased benefits. More than half, 56%, indicated their monthly expenses went up by more than Yet 50% of survey respondents said that their COLA increased benefits less than per month, after the increased Part B premium for 2018 was deducted from their Social Security benefits.

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While some patients may have used video conferencing or telephone calls with their doctors during the coronavirus shut down, at some point a physical exam and lab work usually is needed.."The bottom line is that Medicare Part B premiums rise several times faster than COLAs, and those premiums are now high enough to cause the net Social Security benefits of millions of people to remain flat for years at a time," Johnson says. "We are at the point where this is affecting far more people than anyone ever anticipated, and it's a red flag that Medicare premiums are increasing too fast, while Social Security benefits are not adequately keeping pace," she explains.."In the event that you have the choice to get vaccinated, I'd encourage you to take the vaccine that you're given," John Brooks, the chief medical officer of the Centers for Disease Control and Prevention's Covid-19 response, said at a briefing Friday." … Continued

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Alexandria, VA - August 20, 2012 -- A new immigration policy recently launched by the Obama Administration could backfire when senior voters head for the polls this fall. Seventy-seven percent of Senior Americans do not agree with the new "deferred action" immigration policy, according to a new poll conducted by The Senior Citizens League,one of the nation's largest nonpartisan seniors groups. "The new policy would provide as many as 1.2 million illegal immigrants with a path to Social Security benefits and add huge new future liabilities to the program," says TSCL Chairman Larry Hyland..Daily exercise: According to a growing volume of scientific research, one of the biggest factors in protecting your brain from the effects of aging is the amount of exercise you get every day. Exercise helps reduce insulin resistance, reduce inflammation and stimulates chemicals in the brain that affect not only the health of brain cells but the abundance and survival of new brain cells. It also helps you sleep which can reduce memory problems. You don't have to sign up for gym membership. The standard recommendation often is about one half-hour of exercise daily that gets your heart pumping, or about 150 minutes a week. In addition to walking, riding a stationary bicycle or the treadmill, "exercise" can include things like dancing, gardening, raking leaves, mopping floors vigorously and climbing stairs..Will you pay taxes on your Social Security benefits this year? Take TSCL's annual Senior Survey, visit. … Continued

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