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The findings represent a significant one-year loss of 4 percentage points in buying power, with the loss increasing from 30% to 34% from January 2017 to January 201The loss occurred even though beneficiaries received a 2% annual cost-of-living adjustment for 201Housing and medical costs - particularly for home heating expenses and Medigap premiums - were among the most rapidly-rising costs over the past year. The study examines the growth, since 2000, in the price of goods and services that are typical for retired and disabled households, and compares that to the growth in Social Security benefits due to annual COLAs..To learn more about the programs contact your local Medicaid office or call and ask about programs, that help pay for your Medicare premiums..In the coming days and weeks, TSCL will monitor the AHCA's movement very closely, and we will continue to advocate against provisions of the bill that would jeopardize the health of older Americans. For progress updates, follow TSCL on Twitter or Facebook..Social Security Benefits Slowed Amid COVID-19 Deaths.This week, lawmakers on both sides of the aisle spoke favorably about Tavenner on the Senate floor. Sen. Orrin Hatch, the Ranking Member on the Finance Committee, urged his colleagues to vote for her, stating: "She's dedicated. She has the ability, and I believe that she will do a great job." In addition, Sen. Tim Kaine, who served as Tavenner's boss as the former Governor of Virginia, spoke highly of her cost-cutting skills. He said, "There was no one in my cabinet that was more creative and passionate about achieving savings without sacrificing patient care.".Senate leaders were already having a hard time pushing through their priorities, including drug pricing legislation. In fact, Sen. Roy Blunt, head of the Republican Policy Committee, said some bills -- including drug pricing legislation -- are far from ready to move to the floor, which is what we have been reporting to you for the last few weeks..The Social Security Trust Fund is the single largest holder of U.S. debt. In the past, when more payroll taxes were received than required to pay benefits, the surplus was by law, used for other purposes. The federal government accounted for borrowing the funds by issuing I.O.Us from the U.S. Treasury to Social Security or Medicare Trust Funds. In recent years, the program's financing reversed and now both Social Security and Medicare Trust Funds are paying out more in benefits than money coming in. Both now rely on drawing down the interest and then the I.O.Us. But when the rest of the federal budget is in deficit, the government must borrow to pay Social Security and Medicare benefits. And according to a growing number of economists, those borrowing days are numbered..New Legislation Aimed At Fixing Social Security and Medicare.TSCL is in the early stages of understanding the full scope of the impact of COVID-19 on the Social Security Trust Fund, as we continue to work with Congressional Offices to enact legislation to boost benefits and strengthen program financing.

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You will need to respond to the Social Security Administration by stating that you are contesting the amount of earnings that the Social Security Administration says you had, and the amount of money they say you were over paid. You should also ask Social Security for a review of your earnings record. You may be a victim of identity theft and one or more people might be using your Social Security number to illegally work..That subject is the coronavirus flu. We wrote a little about it last week, but we still have questions and concerns and we think you probably do, also. Let's start by pointing out the following: even the world's top infectious-disease specialists still aren't sure how lethal a threat the coronavirus presents..House leaders and a bipartisan group of 40 senators recently sent a letters to President Obama, and Medicare's Administrator, Marilyn Tavenner, expressing serious concerns about the impact of Obamacare cuts. "These cuts, in addition to proposed rules issued by CMS, will force millions of American seniors to face higher health care costs or lose access to their doctor, health plan, lifesaving drugs, and the benefits they've come to rely on," House leaders wrote. The Senate letter stated, "We urge you to maintain payment levels that will allow MA beneficiaries to be protected from disruptive changes in 2015." … Continued

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Illegal immigrants get jobs using counterfeit, invalid, and stolen Social Security numbers that employers use to withhold payroll taxes and report earnings to the Social Security Administration. Immigration advocates argue that unauthorized workers have little chance of collecting benefits. "That changes once those workers gain a valid Social Security number," Hyland says. Social Security Administration policy allows noncitizens who have evidence of earnings under invalid Social Security numbers, to claim and reinstate those earnings for use in determining entitlement once they obtain a valid Social Security number. The earnings are then used to determine the initial retirement benefit amount..There were reports recently that Republicans in the House of Representatives are insisting that stemming the growth of Social Security, Medicare and Medicaid costs is necessary. Bloomberg news reported on a House Budget Committee hearing about a new Congressional Budget Office report that projects trillion-dollar deficits for the next decade..TSCL Meets With High-Ranking Senate Leader … Continued

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