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TSCL is pleased that lawmakers on the Senate Aging Committee are raising awareness of scams against seniors and we agree that more must be done to combat the growing issue. In the months ahead, we will advocate for legislation that would protect older Americans from financial abuse. In the meantime, we encourage our supporters to read the Aging Committee's updated Fraud Book by clicking HERE. As Chairman Collins said on Wednesday, "The more that seniors know about these scams, the less likely they are to fall victim.".Physicians have another medication at their disposal for treating diabetes after the Food and Drug Administration has now approved a new long-acting insulin product derived from the established drug Lantus..According to the Senior Citizens League, recipients of Social Security have seen a 30 percent decrease in their buying power since 2000. Additionally, seniors who are enrolled in Medicare Part B programs or own homes have faced particularly large cost increases. This is because COLAs have not kept up with the increase in seniors' expenses and it is simply unacceptable. This needs to change..Just days remain before voters across the country will elect 435 lawmakers to the U.S. House, 34 to the U.S. Senate, and one new president to the White House. By now, most registered voters have a good idea who they will vote for on November 8th. But how much do you really know about the party positions? Before heading to the polls on election day, TSCL recommends taking one last look at the platforms that were adopted by the Democrats and the Republicans earlier this year. Here are the Social Security reform positions laid out by the two major political parties at their conventions back in July..Because food and fuel prices are highly volatile - subject to international crisis, wars, and disasters - Wall Street economists often exclude those costs in news reports in order to give the business community a better idea about the status of "core inflation." If less volatile items remain relatively unchanged, that tends to indicate that inflation remains stable, despite spikes in oil or food prices - a reassurance to the markets..This week, action on Capitol Hill was slow as Members of Congress remained in their home states and districts to prepare for the upcoming election. Lawmakers are expected to return to Capitol Hill on Tuesday, November 13th, to begin the lame-duck session..The 3.8% "Medicare" net investment tax has never been received by the Medicare Part A Trust Fund, but has wound up going straight into the U.S. General Fund. That means it could be appropriated for any government spending!.There is still only 1 check in my checkbook..Before a company's drug patent expires, manufacturers of generics race to file lawsuits to challenge the patent. The company that wins gets a six-month period of exclusive sales to sell the drug. While this doesn't always happen, when it does it can delay real market competition until several manufacturers start making the generic version.