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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 ?.Despite the proposed decrease in funding, many feel that the plan from Chairman Rogers is a positive sign. The cut is negligible when compared to last year's proposal for fiscal 2014, the House and Senate committees were more than billion apart in their Labor-HHS-Education funding plans. The minor cut for fiscal 2015 likely means that appropriators in the House are hoping to compromise with the Senate Appropriations Committee, which has not yet released a proposal for the contentious measure..But while FICA taxes and the revenues paid by older taxpayers on Social Security benefits are real cash, the "interest" earned by the I.O.U.s is a "paper" accounting entry. There's no dedicated source of revenue for that money. The money to repay the Social Security Trust Fund comes from general revenues, and Congress borrows more money by lifting the debt limit..If signed into law, H.R. 4012 would provide Social Security beneficiaries and retired military members with a 3.9 percent COLA in 2016, which would amount to around 1 for the average beneficiary. It would offset the cost of the emergency COLA and extend the life of the Social Security Trust Funds by closing tax loopholes for corporate executives..Petition to Congress Protesting Illegal Alien Amnesty and U.S. Social Security Totalization With Mexico."The switch looks deceptively small on paper," says TSCL's Executive Director Shannon Benton. "But it would have a big impact on Social Security income," she says..Here are some things to consider:.Finally, some Good News.TSCL is working hard for legislation that would lift the taxable maximum cap, expand Social Security by boosting retirement benefits and provide greater retirement security by using a "seniors" consumer price index, the CPI-E, to determine the annual COLA. To learn more, visit.

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These price increases are very likely to block some patients from affording their medication, following instructions for taking the drugs, result in higher costs for treatment in the future because of not taking the prescriptions as directed, and cause higher incidents of additional health issues and death rates..Should Medicare change from a program that guarantees coverage for a fixed set of benefits, to one that guarantees a fixed federal payment to cover a portion of beneficiaries' healthcare expenses?.However, right now there is no guarantee Republicans would do that, and instead, it is probable they would blame the Medicare cuts on the Democrats. … Continued

Policy Watch Poll Examines The Impact Of Coronavirus On Life In America
The Social Security Act requires the President to submit to Congress the text of totalization agreements and a report that includes the estimated number of individuals who would be affected and the estimated financial impact of the agreement on Social Security. Nevertheless the documents released to TSCL in December of 2006 supplied only an incomplete five-year cost estimate..check-ups. Often, it's insidiously hard to tell whether a problem really is.Increasing the payroll tax cap. Currently, the amount of earnings subject to payroll tax is 7,200, and the Social Security payroll tax is not applied to annual income over that amount. In a recent survey of TSCL's members, 73% said they would like to see the 6.2 percent payroll tax applied to all earnings in order to increase the solvency of the program. … Continued