Once the Social Security reform trigger has been pulled, the House budget resolution stipulates that the Trustees would have until September 30th of the same calendar year to submit recommendations for the changes necessary to achieve a positive 75-year balance to the President. The resolution would then require the President to submit legislation to Congress within 60 days of receiving the Trustees' recommendations. President Trump promised repeatedly on the campaign trail not to touch Social Security..Can You Still Fund A Retirement Account Once You Retire?.Despite the coronavirus emergency, TSCL is continuing its fight for you to protect your Social Security, Medicare, and Medicaid benefits. We have had to make some adjustments in the way we carry on our work, but we have not, and will not stop our work on your behalf..I'll always have the backs of our seniors, and I will ensure you all have the help you need and to protect against those who seek to take advantage of you. We all know this is going to take a fight. I'm hopeful that, with the Senior Security Act, we will help create real and lasting change, and I will be here, fighting by your side, every step of the way..The government negotiates prescription drug prices for Medicaid and for veterans, but it is barred from doing so for Medicare Part D beneficiaries. As a result, senior citizens enrolled in Part D often pay much higher prices for their prescriptions than other Americans. Will you support the bipartisan Medicare Prescription Drug Price Negotiation Act ?.His renewed call for the cut comes only a few weeks after the annual reports regarding the financial stability of the Social Security and Medicare programs were issued by their respective boards of trustees. As we reported at the time, both programs are facing insolvency, albeit at different times..TSCL recommends that anyone unsure of how the provision may affect you should talk with the human resources director of your former employer or union through which you receive benefits. To learn more about TSCL's legislative work read the weekly legislative updates; or to learn more about TSCL's key issues, please visit..If adopted, the Audiology Patient Choice Act would improve Medicare coverage for hearing services that are performed by licensed audiologists. According to the bill's sponsors, under current law, Medicare does not recognize audiologists as providers of health-related hearing services, and it will only reimburse audiologists for diagnoses when they are referred by physicians or nurse practitioners. The Audiology Patient Choice Act would ensure access to a full range of hearing services provided by licensed audiologists..Many seniors in our community struggle month to month to make ends meet on budgets that just can't cover today's high cost of living. Today's troubled economy is leaving the elderly in a financial pinch, particularly since a large majority of senior citizens rely on Social Security benefits as their main source of income.

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More people than ever face a lower standard of living in retirement, according to a growing number of troubling new studies. There are several reasons why this is occurring:.In March, TSCL delivered letters to several leaders in Congress including Senate Majority Leader Mitch McConnell, House Speaker Paul Ryan, and House Freedom Caucus Chairman Mark Meadows requesting their immediate action on the looming debt ceiling crisis. Art Cooper, the Chairman of TSCL's Board of Trustees, wrote: "Our supporters nation-wide hope you will act swiftly and responsibly to avert delays in Social Security benefits and payments to Medicare providers, and they will not tolerate additional cuts to their earned Social Security benefits.".Tax Reform Work Continues in House and Senate … Continued

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Federal Court Halts Implementation of Immigration Orders.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.."But all bets would be off if the current payroll tax system is eliminated, or changed to something else," Johnson says. Getting rid of the payroll tax raises a great many questions as to how benefits would be calculated. Currently, retirement benefits are calculated on the 35 years of highest earnings. "Because wages tend to grow over time, replacing the current system with something else could mean lower benefits," Johnson points out. … Continued

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