Increasing the payroll tax rate. Survey results have also shown strong support for a gradual increase in the payroll tax rate from 6.2% to 7.4%. An increase of that size would amount to an extra 50 cents per week for the average worker an amount that most feel is fair and practical..Social Security and Medicare remain the targets of plans to reduce federal spending. Over the past 12 months, both Members of Congress and President Obama came close to agreeing on cuts to Social Security benefits, including cost-of-living adjustments and making seniors pay more for their Medicare. How much are Social Security benefits worth over a lifetime and what can you count on? A baby boomer retiring with an "average" benefit of ,100 in 2011 can expect to receive 0,225 over ten years, and 3,641 if he or she lives twenty-five years, due to the compounding effect of the cost-of-living adjustments..This week, lawmakers in the House and Senate remained in their home states and districts for the week-long Independence Day holiday recess. They are expected to return to Capitol Hill on Monday, July 10th..Just hours after the trustees released their annual reports on Wednesday, members of the House Ways and Means Social Security Subcommittee met with Chief Actuary Stephen Goss to discuss the findings. Many of those present at the hearing expressed their commitment to addressing the program's funding shortfall. Chairman Sam Johnson said, "The longer we wait, the tougher it will get to fix Social Security. So the sooner we act the better." Chief Actuary Goss agreed, saying: "The trustees have consistently advised that enacting changes soon, even if with delayed effective dates, will allow more options to be considered, more advance warning for those affected, and a more gradual phase-in of adjustments.".On Wednesday, Congressman John Garamendi introduced the Consumer Price Index for Elderly Consumers Act at a press conference with several advocates for older Americans, including TSCL. If adopted, his bill would base Social Security COLAs on a more accurate measure of inflation using the CPI-E. Currently, they are based on the way young workers spend their money using the Consumer Price Index for Urban Wage Earners..Call Congress.With about 1 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. Its mission is to promote and assist members and supporters, to educate and alert senior citizens about their rights and freedoms as U.S. Citizens, and to protect and defend the benefits senior citizens have earned and paid for. The Senior Citizens League is a proud affiliate of TREA The Enlisted Association. Visit for more information..Second, the Social Security Fairness Act of 2017 gained one new cosponsor in Senator Tina Smith, bringing the cosponsor total to twenty-two. If signed into law, S. 915 would repeal the Government Pension Offset and Windfall Elimination Provision two Social Security provisions that cut the earned benefits of millions of teachers, police officers, and other public servants each year..Support for the legislation has grown significantly, nearly doubling over the previous six Congressional sessions in which it's been introduced. TSCL is encouraging seniors and their younger family members to contact their Members of Congress and urge them to co-sponsor "The Notch Fairness Act, " H.R. 1001 and S. 118.

Health Costs Issue Brief Trends In Overall And Non Covid 19 Hospital Admissions

In the final days of the holiday recess, many Members of Congress will be holding town hall meetings and attending local events in their home states and districts. The Senior Citizens League encourages its members and supporters to attend these events and to ask important questions about the BCRA and its potential impact on older Americans, like the following two…."New Generic Drugs Can Save You Money," Consumer Reports magazine, May 2012.." The new Obama Administration policy is opening Social Security to as many as 1.2 million non-citizens who won't even have legal status, " Hyland says. This is occurring at the same time Congress and the President are debating major reforms that would cut the Social Security and Medicare benefits of U.S. senior citizens who paid into the system the legal way," he adds. TSCL supports the "No Social Security for Illegal Immigrants Act", introduced by Representative Dana Rohrabacher, which would ban the use of earnings for jobs worked while illegal to be used to determine entitlement. … Continued

The Canvass December 2019

Because just one Senator can stall legislation through what is known as a filibuster, it takes 60 votes to pass any bill unless it is through a process called "reconciliation," which then requires only a simple majority of 51..With regard to your specific concerns on Social Security COLAs, as you are fully aware, after a person becomes entitled to receive Social Security benefits, his or her monthly benefit was designed to increase annually to maintain purchasing power over time. The amount of the COLA is based on inflation as measured by the Consumer Price Index. If the CPI rises, Social Security benefits for the next year increase proportionately. If the CPI falls, Social Security benefits stay the same. Like you, I too have long been critical of this formula that measures the level of inflation in our economy because older Americans have different needs than the "typical" American. In addition, the current CPI fails to adequately reflect the fact that seniors rely more on medical goods and services, which have a much higher inflation rate..Covid-19 displaced suicide as one of the top 10 causes of death. … Continued

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