Medicare Perspective Tax Cuts Could Make It Harder To Change Medicare MedicaidAccording to the Federal Register "Amounts collected under section 1411 are not designated for the Medicare Trust Fund." The Joint Committee on Taxation in 2011 stated that's because "No provision is made for the transfer of the tax imposed by this provision from the General Fund of the United States Treasury to any Trust Fund.".This year's Trustees Reports show that both programs face modest financial challenges that can be addressed by Congress with minor reforms. The Senior Citizens League supports the passage of legislation like the Social Security 2100 Act or the Social Security Expansion Act, both of which would strengthen the Social Security program's finances responsibly, without cutting benefits for current or future retirees. In addition, we hope Congress will pass legislation to bring down prescription drug costs in the Medicare program. Requiring Part D drug price negotiation would save billions of dollars for both the federal government and Medicare beneficiaries..They also hope to include prescription drug price reductions in this legislation, something most Republicans have so far refused to support and which the drug industry is spending million in lobbying efforts to stop. … Continued
State Category Medicaid Chip Section 1115 Medicaid WaiversRepresentative Dan Lipinski introduced H.R. 2787 on May 16, 201It has since been referred to the Committee on Education and Labor..One TSCL concern remains regarding the possibility of some seniors losing their prescription drug coverage from their former employers. Therefore, we supported incentives to help businesses continue to cover their former employees. We will continue to monitor this development to help ensure that retirees are given the option to maintain coverage that they are used to and prefer..Immigration Bill Approved by Senate Committee … Continued