The blueprint also calls for billion in Social Security cuts, and it would fully repeal the Affordable Care Act and replace it with the House-passed American Health Care Act. That change would leave millions of older Americans not yet eligible for Medicare without health insurance coverage due to high costs. It would also impact around 11 million Medicare beneficiaries who are also enrolled in the Medicaid program many of whom are patients in costly nursing home facilities..Currently, the DI trust fund is set to become depleted in late 2016, and legislative action will be needed to prevent a 25 percent cut in benefits for 11 million disabled beneficiaries. According to those at Wednesday's hearing, reallocating funds from the Old Age and Survivors Insurance trust fund is the simplest and least controversial way of solving the problem. However, TSCL disagrees since doing so would mean that the OASI trust fund would become depleted four years earlier than currently projected. In our most recent survey of members and supporters, only 1 percent said they support the reallocation of funds from the OASI trust fund to the DI trust fund..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..President Trump Signs Executive Order to Expand Private Medicare Plans.The Republicans say that is a form of government price controls and interferes with the free market. That's why Majority Leader McConnell refuses to bring the Grassley-Wyden bill up for debate in the Senate. That bill differs in how it would lower drug prices but Senator McConnell opposes it because it would, in his opinion, still interfere with the free market and also because health care will be a big issue in the elections this year..I am committed to working with both Democrats and Republicans to take common sense, reasonable steps to strengthen Medicare and make sure it is strong for both current and future seniors. These sensible reforms include implementing electronic medical records, improving coordination of healthcare services, and continuing efforts to eliminate waste, fraud and abuse from the system..THREE PROPOSALS WE OPPOSE:.The CBO estimated last November that if lawmakers wished to raise the amount of covered earnings subject to the payroll tax to 90 percent of covered earnings, then the taxable maximum would need to be set at 6,400 in 2017 and to rise to 5,000 by 202"Legislation was introduced in December that would impose deep benefit cuts," Johnson notes, "but had no provisions to provide new revenues. " "Lifting the taxable maximum cap would provide new revenues to Social Security and it could also provide a modest boost to Social Security benefits, and more adequate COLAs to all people when they retire," Johnson points out. "Our lawmakers should not be allowed to hide this option under the rug," she says. "Raising the payroll taxable maximum is the means of providing greater retirement security and long - term program solvency, " Johnson says. "We can save Social Security without the deep cuts.".According to Medicare, no single organization was behind the 35 people charged in the genetic testing scam, which included 9 doctors. All of this comes at a time when Medicare and Medicare Advantage are expanding the use of telemedicine, which allows doctors and nurses to connect with patients over the internet or by cell phone for consultations and to check symptoms remotely.

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Over the past four years, TSCL's surveys have found that about 9 out of 10 people receiving Social Security benefits report that their household spending rose by at least per month during the prior year. But that's just the tip of the iceberg. "Retirees need to plan for large monthly jumps in spending annually over the course of their retirement," Johnson says. In every year since 2014, the largest percentage of those people participating in TSCL annual Senior Surveys reported that their household spending jumped by more than 9 per month. Since 2014 annual COLAs grew a total of just 3.5 percent, averaging less than 0.9 percent per year. One factor in why retirees have such a gap between their COLA and spending is the consumer price index that the government uses to measure inflation and to determine the annual boost. "One would think that the CPI used to calculate COLAs for retirees would be based on seniors' spending patterns, but it is not," says Johnson. Instead, the COLA is determined by the growth in the Consumer Price Index for Urban Wage Earners and Clerical Workers. Younger working adults spend a far smaller portion of their income on medical costs, which is the fastest growing category of the CPI in most years. On the other hand, younger working adults spend more on transportation and gasoline, categories that have gone down dramatically in recent years. "This tends to understate the inflation experienced by the majority of people receiving Social Security," notes Johnson..Here is more from the report: "Pfizer, which played arguably the biggest role in 2020's vaccine race, also had a frenzied year politically. In addition to giving roughly million to members of Congress, Pfizer also wrote checks to 1,048 individual candidates in state legislative races..I have proudly introduced this important legislation every single Congress since coming to the House of Representatives in 201Despite having over 100 bipartisan cosponsors each Congress, the bill has unfortunately received little attention from House leadership. In September 2018, myself and my colleague, Rep. Garret Graves offered this bill as an amendment to the Family Savings Act, which was part of Rep. Kevin Brady's "Tax 2.0" package. Unfortunately, the amendment was ultimately defeated, but highlighting this important issue. It continues to be my priority. … Continued

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The Senior Citizens League is predicting another record-low Social Security cost-of-living adjustment in 2020 despite skyrocketing prescription drug prices and home heating costs. Will you cosponsor the Fair COLA for Seniors Act, which would make the COLA more adequate for Social Security beneficiaries?.Back in mid-August we reported on President Trump's executive order to stop the collection of the workers' part of the Payroll tax, which funds Social Security and Medicare. TSCL is opposed of Payroll tax cuts of any kind because they seriously jeopardize the financial viability of both Social Security and Medicare..The U.S. is not the only country with that experience. Canada and Great Britain have had the same experience. … Continued

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