Blog Table Of Contents State Legislatures Magazine February 2016TSCL is monitoring the negotiations closely since a shutdown could negatively impact the timely delivery of Social Security checks and Medicare reimbursements. In the days and weeks ahead, we will advocate for proposals that would keep the federal government including the Social Security Administration and the Centers for Medicare and Medicaid Services fully and responsibly funded. For progress updates, visit the Legislative News section of our website or follow TSCL on Facebook or Twitter..If that's so why hasn't anybody done it yet? The options Congress has to address the debt are dwindling and the choices that are left are wrenching..A newly approved drug to slow the progression of Alzheimer's disease is drawing criticism for it's ,000 price tag, especially given its lack of proven effectiveness. Aduhelm stirred controversy when the Food and Drug Administration's own expert advisory panel was nearly unanimous in opposing the drug's approval due to mixed results in studies of effectiveness. … Continued
Patient Education Total Hip Replacement Surgery And Beyond How To Manage Your PainIt required a mix of financial incentives, unprecedented world-wide need, and government prodding. But drug companies stepped up, and based on their performance in the stock market, they appear to be prospering. The federal government negotiated not only prices, but also it purchased hundreds of millions of doses of vaccines, made the vaccines available to the public at no charge, and has overseen the distribution of the vaccines to states. Those vaccines are saving lives, helping to get workers back on the job, and allowing those of us who are fully vaccinated to carefully start to resume pre-pandemic activities, such as visits with friends, family and grandchildren..This year, for the first time since the early 80's, the Social Security Trust Fund that pays retirement and survivors benefits fell into deficit and is paying out more than it receives in payroll taxes and taxes on Social Security benefits. In years in which there was an excess of Social Security taxes, the federal government used the surplus revenues for other purposes and then credited the Trust Fund with special non-marketable government bonds representing IOUs. But with the recession and prolonged economic recovery, the taxes that fund Social Security plunged. At the same time, enrollment is soaring as seniors who have lost their jobs turn to Social Security early. When the Trust Funds don't receive enough tax revenues, then the government must find the cash to redeem the IOUs to pay benefits. The only options Congress has is unsustainable levels of borrowing, tax increases, or cutting benefits..This week, President Obama sent his fiscal 2016 budget blueprint to Congress, and The Senior Citizens League saw one new cosponsor sign on to the Notch Fairness Act. … Continued