Legislative Staff Coordinating Committee 2020 Legislative Staff Achievement Award RecipientsThat is not as easy as it might seem but if they Senate is able to accomplish that whatever it passes must then go to a House/Senate conference committee which will have to come up with one bill that must then go back to each house and pass before it goes to the President for his signature. With just three work weeks left before October 1 it will have to be a marathon if they are to finish their work on time..Mortgage rates and home costs have been at historic lows in 2012, but buying or selling a home is complicated for anyone - and seniors have special issues. Depending on your financial situation and needs, here are some points to consider:.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. … Continued
Coming High Heat Can Threaten HealthLawmakers on both sides of the aisle agreed at Wednesday's hearing that displaying the full Social Security number on Medicare cards puts seniors at risk for identity theft. However, the process of removing the numbers is costly and complex. Tony Trenkle, Director for the CMS Office of Information Services stated, "It's going to be a massive undertaking if we go down this road." He explained that the process would require a technology system update and massive education efforts for beneficiaries, providers, and business associates..Alexandria, VA leading proposal to temporarily fix the looming insolvency of the Social Security disability trust fund by reallocating payroll taxes has virtually no support among seniors, according to a new poll by The Senior Citizens League. Less than one percent of seniors polled said shifting revenues from the Social Security retirement trust fund to pay disability benefits was the best way to fix the disability program's financing. "TSCL believes this 'band aid' approach will not be quietly tolerated this time around," says TSCL Chairman Ed Cates. "Today's senior voters have clear preferences for how they think lawmakers should address the disability program's funding shortfalls - reallocation of payroll taxes from the trust fund that pays retirement benefits is not one of them," Cates states..We want to assure you that we will try to report the facts as we understand them and keep elective politics out of it. … Continued