Chairman Collins said at Tuesday's hearing: "Alzheimer's is not a normal part of aging. It is a public health issue with a course that we can potentially change. There are steps that we can take today to help prevent the risk of cognitive decline and to improve the lives of those living with Alzheimer's and their caregivers. This public health approach is not only empowering; it is the key to saving lives.".Usually during economic downturns many older workers are forced into retirement when they lose jobs. While the pandemic may have caused more to retire earlier than planned, deaths removed hundreds of thousands of beneficiaries from Social Security rolls. In fact, life expectancy plunged by a full year in the first half of 2020, from 78.8 years to 77.8 years, the biggest drop since World War II..As we said, TSCL is supportive of intentions of these, and other efforts on the part of both parties to lower prescription drug prices. However, we also have our own concerns..A balanced budget amendment to the constitution might sound like a good idea on the surface, but when the details are examined, it could be disastrous for programs like Social Security and Medicare. The Senior Citizens League tirelessly advocated against its adoption when it was considered earlier this year, and because lawmakers aren't giving up on it anytime soon, we aren't either..In addition to expenses such as out-of-pocket drug costs, and co-pays for visits to the doctor, here are a few of the most common overlooked medical deductions:.As an indicator of low inflation, based on consumer price index data through April of this year, Johnson estimates that the COLA for 2019 will be about 1.7%percent. That number could change, since there are still five months of consumer price index data to be collected before the Social Security Administration announces the COLA in October..Because Medicare Part B premiums are automatically deducted from Social Security benefits, retirees find it difficult to fully anticipate the squeeze that rising Medicare Part B can put on benefits and their budgets. In the past 15 years the percentage of the Social Security COLA increase has been lower than Medicare Part B premium increase 9 times..The budget blueprint now moves to the Senate, where leaders are expected to take it up as early as Monday. It will likely pass along party lines in that chamber too, with no anticipated support from Senate Democrats..In a separate report from Bloomberg News it stated that "Medicare seniors are skipping needed care and struggling emotionally as the Covid-19 pandemic alters their lifestyles.

State Legislatures Magazine First Branch News Ncsl S Weekly Roundup Of Legislative Headlines637493259 Magazine2021

Senate Minority Leader Harry Reid told reporters this week: "Seriously, I feel good about the omnibus, I think we make progress every day. We started with about 250 riders, our new buzzword for earmarks, and now we're down to as I understand it I haven't seen it about 100.".TSCL believes stronger protections are needed and supports legislation that would prohibit using earnings from illegal work to determine Social Security benefits. What do you think? Take TSCL's 2015 Senior Survey now..Transportation or mileage to the doctor for yourself OR to transport others. Medical mileage was 0.19 per mile in 2016. … Continued

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On Tuesday, the House Ways and Means Social Security Subcommittee held a hearing on the Windfall Elimination Provision and the Government Pension Offset, two provisions that arbitrarily reduce the earned Social Security benefits of millions of public employees. They were enacted in 1983 in an attempt to bring fairness to the system for those who receive government pensions and earn Social Security benefits, but they have not worked as intended..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..The Republican platform assures current beneficiaries and those nearing retirement that their benefits will remain untouched, and that all changes to the program will aim to preserve the solvency of the Social Security trust funds. It explicitly states that all plans to increase tax revenues like the increase in the payroll tax cap that the Democrats proposed will not be supported. It states, "As Republicans, we oppose tax increases and believe in the power of markets to create wealth and to help secure the future of our Social Security system." … Continued

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