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What if I make a donation and then become dissatisfied with TSCL?.In April, House lawmakers voted on a balanced budget amendment to the constitution that would have been disastrous for Social Security and Medicare beneficiaries if adopted. Did you support this drastic measure, and if so, why?.The report continues, "Two House panels last week approved legislation adding vision, hearing and dental coverage to Medicare. Dental is by far the most expensive and complicated of the three to roll out: the nonpartisan Congressional Budget Office previously estimated that such coverage would cost 8 billion over 10 years, compared with billion for vision and billion for hearing coverage..At the hearing the top Republican on the committee, Steve Womack of Arkansas and other Republican lawmakers said that Congress will need to limit the growth of Social Security, Medicare and Medicaid, which they referred to as "major mandatory programs.".If you are leaning towards refinancing your home, look carefully into the closing fees. Will you be paying any closing costs out-of-pocket or will those costs get rolled into the loan? How would that affect monthly payments?Based on your credit profile, what interest rate do you actually qualify for, and how does that compare with what you are currently paying?.Are My Medical Expenses High Enough to Deduct From My Income Taxes?.Top executives of the big drug companies have requested a meeting with White House officials this week to discuss how they can lower drug prices..This week, one new cosponsor Rep. Hakeem Jeffries signed on to the Improving Access to Medicare Coverage Act. The cosponsor total is now up to one hundred and forty-five. If signed into law, H.R. 1179 would amend current Medicare policy to count hospital stays under "observation status" towards the three-day requirement for skilled nursing care. Currently, those under "observation status" don't qualify for coverage of the benefit, and they are often hit with large, unexpected bills after receiving necessary medical care. TSCL believes the current policy is unfair, and we were pleased to see support grow for H.R. 1179 this week..Interest on a home mortgage on loans up to million if you signed your mortgage prior to December 15, 2017, or up to 0,000 on loans signed after that date.

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On Monday, the non-partisan Congressional Budget Office released its highly-anticipated report analyzing the AHCA legislation from Republican lawmakers that would replace the Affordable Care Act if signed into law..One way to strengthen Social Security is to do what's known as "scrapping the cap." Americans only contribute to Social Security on the first 7,200 in income earned every year. That makes no sense. Why should the very wealthiest get a tax break, when nurses, electricians, and grocery store clerks pay into the system on 100 percent of their earnings? Closing this loophole would extend the program for at least another generation..Medicare pays for a wide range of services including many preventive benefits, but routine eye care is not one of them. Medicare-eligible adults with diabetes can, however, get a dilated eye exam to check for diabetic eye disease. The patient's primary.How Much of Your Social Security Is Taken By Medicare Costs? … Continued

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Unrealistic Cost-of-Living-Adjustments : COLAs are already inadequate: Seniors have lost almost one-third of their buying power since 2000, according to a recent TSCL study. In that period, COLAs increased just 31 percent, while typical senior expenses jumped 73 percent, more than twice as fast. There is talk of using a "chained" CPI to calculate COLAs. But the spending patterns assumed by the "chained" CPI don't apply as well to seniors, who spend a larger percentage of their income on necessities that aren't as conducive to substitution. Billed as a mere "technical correction," a TSCL analysis shows that using a "chained" CPI to calculate COLAs would in fact slash payments by more than ,000 over a 25-year retirement. Read more here and here..This week, sixteen new cosponsors signed on to H.CON.RES. 72, which expresses the sense of Congress that Social Security and Medicare should be protected from benefit cuts by the Joint Select Committee on Deficit Reduction. This cosponsor surge brings the total up to 28..This week, The Senior Citizens League endorsed two bills that would expand Medicare coverage to include hearing, dental, and vision services. In addition, lawmakers prepared for a week-long recess on Friday, and two key Social Security bills gained cosponsors. … Continued