TSCL is working to develop legislation that would ensure greater retirement security for older Americans by providing a modest boost in benefits. TSCL believes that a boost can be provided if Congress would raise the taxable maximum earnings that are subject to Social Security taxes - requiring all workers to pay their fair share..Eligibility criteria vary according to the type of benefit. The amount of benefits is determined by things such as the worker's earning record, age when the benefit was started, and other factors. For more information about whether you might be eligible for any of the above types of benefits visit or call Social Security toll-free 772-1213..According to ModernHealthcare.com, "Congressional Democrats are hoping to pass a slew of healthcare priorities later this year aimed at expanding access to coverage and making it more affordable for patients..a modest boost in benefits,.This week, lawmakers in the House and Senate remained in their home states and districts to continue the holiday recess. They are expected to return to Capitol Hill on Tuesday, July 10th. In the meantime, many Members of Congress will be attending local events and hosting town hall meetings around the country..Customers are asked to provide their Social Security numbers or other personal identifying information in exchange for a bank routing number that will allegedly pay their utility bills. In reality, there is no money, and customers believe they have paid their bills when in fact they have not.."Americans Make Hard Choices on Social Security: A Survey With Trade-Off Analysis," National Academy of Social Insurance, October 2014..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..As you might imagine, the Congressional schedule has been totally rearranged. They had scheduled recesses for the national party conventions, their usual August recess, and then for the elections. We assume those are all up-in-the-air now.

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The 2010 health law, which was vague on many other details, specifically states that enrollees can receive subsidies when purchasing health insurance on an exchange "established by the state." Some 34 states, however, don't operate their own insurance exchanges, and uninsured people living in those states must go through the federal online exchange, in order to receive subsidized coverage..On Wednesday, the Social Security and Medicare Trustees released their 2015 reports on the financial outlook of the two programs. At a press briefing, Treasury Secretary Jack Lew said: "Today's reports confirm that both Social Security and Medicare are secure today and will remain secure in the years to come. Consistent with previous years, today's reports also show that these programs are facing challenges that need to be addressed.".Second, the end of the 2020 fiscal year is drawing ever nearer, and Congress needs to pass legislation to fund the government for fiscal year 2021, which begins on September And finally, the end of July and beginning of August, the month that Congress traditionally is in recess. … Continued

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Despite receiving the largest Social Security cost of living adjustment in five years, the majority of retired and disabled beneficiaries will not see any increase in their net Social Security benefits in January, warns The Senior Citizens League. A big jump in Medicare Part B premiums is to blame. The Centers for Medicare and Medicaid Services recently announced that the Medicare Part B premium will be 4 for next year. That's the same amount that the Part B premium is today, but tens of millions of Medicare beneficiaries are paying less than that this year. Millions of beneficiaries pay roughly less - and their annual COLA may not be enough to cover the difference.."Obamacare Victims Are 'Liars' Says Top Democrat," Edward Morrissey, The Fiscal Times, February 27, 201Letter to The President, from House leadership, concerning Medicare Advantage cuts, February 13, 201Letter to Marilyn Tavenner, Administrator, Centers for Medicare and Medicaid Services, from 40 Senators, concerning Medicare Advantage cuts, February 14, 2014..Congress recently took action to head off a looming 19% cut in Social Security disability benefits received by nearly 10.8 million disabled adults and their dependents. The Social Security Disability Insurance trust fund was projected to run low of funds by the end of 2016, but changes contained in the recent debt limit budget deal include a number of provisions to strengthen program financing. Many of them had the support of TSCL. … Continued

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