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TSCL would like to thank the following for taking time out of their busy schedules to discuss issues of critical importance to seniors: Rep. Bill Posey, Rep. Joe Wilson, Rep. Mike Coffman, Sen. Marco Rubio, Cathy Hurwit ), Lauren Lattany to Rep. David Scott ), and J.R. Sanchez..Refinance and renovate. If you find your current mortgage payment is too high, refinancing to get either a lower monthly payment or to take cash out may be an option. Before you refinance, have a long–term repayment plan, a budget, and you may want to discuss your needs with an independent financial advisor. If you are refinancing to renovate an older home, think long and hard about how much longer you plan to stay in your home, and how well your current housing will serve you as your health changes. Get bids from contractors, and be sure to include costs for new appliances, carpets, and fixtures. Will you have sufficient income and savings to cover a mortgage payment and still have money for repairs and maintenance ten or twenty years from now? Can you recover your renovation investment if you have to move and sell sooner than you planned? Take time to shop and carefully compare terms on loans - don't be hurried into making a decision. Loan officers always push you to "lock in a rate." Always ask for a "good faith" estimate and an estimate of the closing costs..Between age 55 and 64, it's as if our body's warranty expires and.Forty-nine years ago, President Lyndon B. Johnson signed Medicare into law and by doing so made a solemn agreement with every single American. Simply put, if you work hard and play by the rules, Medicare will be there for you when you retire.."Nearly half of beneficiaries said they avoided care because they didn't want to risk being in a medical facility, while 35% said they didn't want to leave their home. And 23% reported feeling more lonely or sad.".According to Rep. Cartwright, Direct Care Workers currently provide 70-80 percent of the paid, hands-on care that those with chronic illnesses receive. However, they are not recognized as "essential contributors" to teams that provide care, and they do not receive the advanced training that is needed for them to realize their full potential. S. 2251 and H.R. 4445 would address this issue, and TSCL believes if signed into law, the bill would go a long way in ensuring that seniors receive coordinated, quality medical care..At this point in time, it remains unclear whether congressional leaders will bring the "Budget for a Brighter American Future" to the floor for a vote, but the resolution does clearly outline the policy priorities of the majority party in the House. The Senior Citizens League will keep a close eye on the movement of the budget resolution in the weeks ahead, and we will continue to voice our opposition to policies that would jeopardize the health and financial security of older Americans. For progress updates, follow TSCL on Twitter or visit the Legislative News section of our website..Want to join the effort for an Emergency COLA? Sign a petition today!.Representative Dan Lipinski introduced H.R. 2787 on May 16, 201It has since been referred to the Committee on Education and Labor.

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"The 6.7 percent increase in the Part B premium is the largest since 2006 for a year in which a COLA is payable," Johnson says. There have been bigger jumps in Part B premiums as recently as 2016 and 2017, but those were two years in which there was no or almost no COLA paid. This situation can cause unusually high Part B premium spikes..I can't find my glasses..Social Security benefit "boost" legislation under consideration in the House not only would boost benefits by about per month on average, it also includes a provision that would allow senior taxpayers to keep more of their money. Under current law, up to 50% of Social Security benefits are taxable when the sum of the recipients' modified adjusted gross income, plus half of Social Security benefits, exceeds ,000 for a couple filing jointly, or ,000 for a single taxpayer. As much as 85% of Social Security benefits may be taxable when the income is above ,000 for joint filers, or ,000 single filers. Revenues from the taxation of Social Security benefits flow to the Social Security and Medicare Trust Funds, and go towards the financing of benefits. … Continued

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Social Security Taxation Question Pushes Action on "Boost Bill" Into 2020."Doctors and experts say that improved medical tactics and earlier treatment are helping improve the outcomes for very sick patients, said Andrew Badley, head of Mayo Clinic's Covid Research Task Force..The Obama Administration recently opened the "illegals may apply" window at the U.S. Citizenship and Immigration Services. Even before the government started accepting applications, estimates of those expected to qualify, more than doubled from the original government projections released just two months earlier. Nearly 1.8 million illegal immigrants under the age of 31 could become eligible. As details emerge, TSCL is concerned that the program is far broader than early announcements suggested. … Continued