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In addition, one new cosponsor Rep. William Lacy Clay signed on to the Social Security Fairness Act this week, bringing the total up to 167..The Senior Citizens League would like to remind you that both Houses of Congress have adjourned for the August recess. The Senate is expected to be back in session on September 6th, while the House of Representatives will return on September 7th..That may be okay for some, but I have had such great success. Why change to something else and put myself through all those fears again? My solution right now is to change where I purchase the medication. Canada, here I come and the devil with Medicare..I'll always have the backs of our seniors, and I will ensure you all have the help you need and to protect against those who seek to take advantage of you. We all know this is going to take a fight. I'm hopeful that, with the Senior Security Act, we will help create real and lasting change, and I will be here, fighting by your side, every step of the way..This estimate is still just that - an estimate. The 2020 COLA is based on CPI data through September 2019 and won't be announced until October. Inflation could start going up again, but with the first five months of data so low, we are likely to see another low COLA in 2020..What other ways would I be affected by this Chained COLA?.In the meantime, leaders in Congress are working on a plan to fund the federal government past January 19th. In a joint statement released on Wednesday, Senate Majority Leader Mitch McConnell and Speaker of the House Paul Ryan said: "It is important that we achieve a two-year agreement that funds our troops and provides for our national security and other critical functions of the federal government.".Women who receive Social Security benefits outnumber men who do by almost 18%, according to data from the Social Security Administration. While women tend to outlive men, the average benefit received by women is 26% lower than the average benefit received by men..If you are having trouble affording costs as they are in 2014, premiums and possibly some of your out-of-pocket costs may be higher in 201If your premium subsidy remains unchanged, that would mean it would be up to you to cover increased costs.

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Already Senate leaders are making in known that they won't get their work done on time again this year. Senate Appropriations Committee Chairman Richard Shelby said he's ready to move ahead with fiscal 2021 spending bills. But he told his subcommittee chairmen the Senate isn't likely to pass those measures until after the election, in December. Lawmakers expect to pass another stop-gap to prevent a funding lapse in September..Dealerships and lenders that use these tactics often target older consumers, low-income people with credit problems, and people with low "financial I.Q.s" by taking advantage of the borrower's lack of understanding about loans, terms and finances in general. The lender makes money from charging excessively high interest rates and stacking terms in its favor, and from the profits when the vehicle is repossessed and resold, sometimes to multiple buyers..At Monday's press conference, all six Trustees commented on the need for Congress to make some changes to both programs to ensure their financial stability. The Senior Citizens League agrees that both programs must be returned to solvency to ensure that future retirees receive the security they deserve. However, we firmly believe that any changes to either program should be phased in gradually and should not affect those seniors nearing or currently in retirement. … Continued

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About 4 million people who turn age 61 this year are in for a deep hit to their Social Security benefits when they retire. The initial retirement benefits of these individuals may be permanently reduced by about 9.1%, according to an estimate by Social Security's Chief Actuary. Without quick remedial action from Congress, the retirement benefits of people born in 1960 would be lower than the benefits of people with identical earnings and retirement histories who were born just one year prior to them. This is due to a flaw in the Social Security benefit formula..Get pneumococcal vaccines.TSCL encourages all readers concerned about the future of their Social Security and Medicare benefits to Contact your Member of Congress. Let's tell Congress not to pay Social Security based on unauthorized work! Work under invalid and fraudulent Social Security numbers should be invalid for entitlement to Social Security benefits. To learn more, track bills that are in congress. … Continued