Finally, the Social Security 2100 Act gained six new cosponsors this week, bringing the cosponsor total up to 170. The new cosponsors are Representative David Price, Representative Adam Schiff, Representative Rick Larsen, Representative Carolyn Maloney, Representative Darren Soto, and Representative Anthony Brown. If enacted, H.R. 1902 would strengthen and expand the Social Security program responsibly, without cutting benefits..The big news at the end of last week was President Trumps four executive orders that are supposed to lower prescription drug prices. Lowering those prices was something he campaigned on in 2016 and has talked about since, but this is the first time he has taken action..Obama Signs Extensions into Law.Trustees Release Annual Review of Trust Funds.We've heard stories about cutting back on prescriptions over the years, but recently I heard one about a diabetic who was forced to cut back on the amount of insulin that she needed to control blood sugar. She was going into debt to buy Lantus insulin. Cutting back, and not taking the recommended dosage to control her blood sugar, triggered severe nerve pain and sent the woman back to her doctor..American consumers have waited too long for Congress to finally make bipartisan progress on lowering prescription drug costs. At a time of rampant hyper-partisanship on Capitol Hill, I've seen glimmers of hope for how lawmakers from across the political spectrum can unite on this issue. We can't stop pushing for lower prices, because our nation's seniors deserve that level of respect, commitment, and urgency..The report stated that the four changes together would eliminate 113% of Social Security's projected long-term financing gap. The majority of participants, who included all income levels, and political party affiliations, preferred the package of changes. "This survey reflects similar findings to surveys conducted by TSCL," says TSCL's Executive Director Shannon Benton. We hope that this survey can serve as an outline for a plan to strengthen Social Security without having to rely on benefit cuts," she states. "We encourage our readers to share the findings of this study with your Members of Congress," Benton adds..Higher Medigap costs: Experts say that beneficiaries with Medigap supplements tend to use more services than those without such coverage. Currently the plans often cover part or most of the deductibles and the co-insurance. Lawmakers from both parties propose requiring beneficiaries enrolled in Medigap plans to pay more through higher deductibles and co-payments. President Obama's 2014 budget plan called for imposing a new surcharge on beneficiaries who buy Medigap plans in 2017..This week, The Senior Citizens League was pleased to see support grow for two key bills that would improve retirement security in America if adopted.

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PBMs continue to leave American consumers and pharmacists in the dark about how their operations could be contributing to high prices. But to begin shedding light on the black box of prescription drug negotiations, I introduced the Public Disclosure of Drug Discounts Act. My legislation would require PBMs to publicly report their aggregate rebates, discounts, and other price concessions. Getting this information is a first step towards tackling the high cost of prescription drugs..We have been told repeatedly that the virus will not simply go away. It is here to stay and until effective treatments and/or a vaccine are found, we must continue wearing masks when in public, keeping our distance from others when out and about, and as much as possible, staying at home and away from others..Information and assistance … Continued

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In addition, one new cosponsor Rep. Marcy Kaptur signed on to Rep. Peter DeFazio's No Loopholes in Social Security Taxes Act, bringing the total to twenty-eight. Rep. DeFazio's bill would subject all income over 0,000 to the Social Security payroll tax, reportedly adding another fifty years to the solvency of the Trust Fund. Currently, the payroll tax is capped at 3,700, and no income over that amount is taxed.."At the time of enactment, The Congressional Quarterly referred to this revenue change as 'taxing the benefits of high-income recipients'" says Johnson, citing the publication's summaries of major Social Security changes from 1983-198Social Security's archives state that "Congress intended that the taxation of benefits should not affect 'lower income' individuals." The revenues from the tax on Social Security benefits are credited to the Social Security and Medicare trust funds and provide a growing share of the programs' financing..[v] Social Security Administration email, February 24, 2013. … Continued

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