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TSCL's opposition to any Payroll tax cut stems in part from previous comments from some Congressional leaders, including Senate Majority Leader Mitch McConnell In the past he has said:.President Trump recently said that the United States has to create new bidding procedures for the drug industry. TSCL believes that new bidding procedures alone would not give Medicare the power to bring down prices on drugs when a company holds a monopoly on the only drug available to treat specific conditions. TSCL supports giving Medicare greater power to negotiate the price of drugs like it does for all other services covered under Medicare, and making it easier to import less expensive FDA approved drugs..Back in mid-August we reported on President Trump's executive order to stop the collection of the workers' part of the Payroll tax, which funds Social Security and Medicare. TSCL is opposed of Payroll tax cuts of any kind because they seriously jeopardize the financial viability of both Social Security and Medicare..For the past several years, Social Security's Disability Insurance program has been facing financing challenges. In the fall of 2015, lawmakers took action to prevent a 19% benefit cut that would have affected 10 million disabled enrollees and dependents, extending the program's solvency past 201However, more work remains before the program can be considered financially stable. In September, lawmakers on the House Ways and Means Social Security Subcommittee took the first steps toward improving the program's solvency when they held a hearing to discuss its future..Government and private economists are warning of major financial turmoil and another recession if Congress can't get their act together to address the rising level of federal debt that is estimated to equal 70 percent of our total national output by the end of the year. Our nation's ability to pay the interest and its debt obligations has everything to do with our benefits..TSCL was pleased to see support grow for H.R. 1251 and S. 427 this week, and we will continue to advocate for them tirelessly in the months ahead. For more information, visit the Bill Tracking section of our website..On Wednesday, with a vote of 236-191, lawmakers in the House passed a .7 billion spending bill that would fund DHS through the remainder of the fiscal year. They also passed five amendments to the bill that would address President Obama's recent immigration orders..Recently the TREA Senior Citizens League Board of Trustees traveled to Capitol Hill for a week filled with meetings. The Board was able to meet with 7 Congressional offices, including one drop-by visit with Chief of Staff Kevin Kimble and Legislative Assistant Yadira Castellanos in the office of Rep. Charles Gonzalez. Among the topics discussed were Notch Reform, anti-totalization measures, prescription drug costs, and the consumer price index for elderly.."Why Home Health Care is Suddenly Harder To Come By For Medicare Patients," Judith Graham, Kaiser Health News, February 3, 2020.

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Virtually all low-income programs such as food stamps, rental assistance and Medicare Extra Help, come with complex eligibility rules and income restrictions that are tied to a percentage of the federal poverty level, such as 100%, 135% or 150%. If your income is right on the borderline, and you get a high COLA boost, that could potentially cause you to see trims to benefits from programs that have income restrictions. Some individuals might lose access to certain low-income benefits altogether because the COLA boosts their income over the limit..How the Categories Compare Between the CPI-W and the CPI-E.Phasing in an increase in the payroll tax rate for workers and employers from 6.2% to 7.4% each over a period of twenty years. The gradual growth would mean an extra 50 cents in taxes per week each year for the average worker. … Continued

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TSCL enthusiastically supports H.R. 1902, S. 915, H.R. 4841, and S. 1600, and we were pleased to see support grow for each of them this week. For more information, visit the Bill Tracking section of our website..In September, federal agents announced the arrests of 35 people linked to a huge genetic testing scam. Individuals charged are accused of billing Medicare for more than .1 billion worth of phony genetic tests. The crackdown included telemedicine companies, doctors, and labs which worked in an elaborate scheme that preyed on people's fears of having genetic markers for cancer..Now, as we draw close to the end of the year, the window for Congress to take major action to lower prescription drug prices is beginning to close. Concern is growing that the prospects of a substantial drug price reduction bill may get lost in the politics surrounding the 2020 election. Legislation that would allow Medicare to negotiate the cost of prescription drugs is in the House, and a bipartisan bill that would cap out-of-pocket Part D costs at ,100 a year is stalled in the Senate. The whole effort is fiercely being fought by the pharmaceutical industry, and the outcome remains unclear. … Continued