Fact Sheet: "The Economic Benefits Of Fixing Our Broken Immigration System," White House, November 21, 201Letter to The Honorable Ron Johnson, from Stephen C. Goss, Chief Actuary, Social Security Administration, Senate Committee on Homeland Security and Governmental Affairs, February 2, 2015..The piece of the law under discussion relates to the way the government subsidizes companies that provide prescription drug coverage to retirees. When Congress created Medicare Part D, it also created an incentive for employers to continue providing prescription drug coverage to their retirees. Under current law, the government subsidizes 28% of the costs that employers incur from providing prescription drug coverage to retirees who are at least 65 and Medicare eligible. The companies that receive the subsidy are then allowed to deduct 100% of the costs of providing coverage to their retirees from their taxes - this deduction also includes the 28% subsidy that the government provides. The new healthcare law keeps the 28% subsidy intact but starting in 2013 it removes the ability of companies in computing their taxes to deduct the subsidy they receive from the government..Lawmakers Remain in Recess.Enrollment period, so you can allow for a trial period with any new meds. When.The age at which one applies for Social Security is the single biggest financial decision most of us will ever make, but TSCL's 2017 Senior Survey suggests that the vast majority of people claiming Social Security aren't getting the help they need. When survey participants were asked if they had received counseling from the Social Security Administration about the best age to start benefits, 77% of survey participants said no, and 71% said that prior to starting benefits they were unaware of the total lifetime benefit income they could expect to receive.."Medicare, the federal health insurance program that covers Americans over 65, is facing an impossible dilemmShould it cover a new and expensive medication for Alzheimer's disease, which afflicts 6 million Americans and for which there is no existing treatment, even though the drug might not actually work?".It makes no difference if a Member of Congress has broken the law. This newsletter recently reported that former Representative Randy "Duke" Cunningham, who was sentenced to eight years in jail for bribery charges, is entitled to an annual pension of about ,000. Currently, it takes an act of treason for a Member of the House or Senate to lose a pension..A government shut down, while causing some problems, isn't as bad as breaching the debt ceiling. That's known as a "technical default," as some government obligations won't be met on time depending on how long the stalemate lasts. The Treasury Department would have to rely on whatever cash is left on hand and daily revenue inflows..Second, one new cosponsor Senator Debbie Stabenow signed on to the bipartisan Beneficiary Enrollment Notification and Eligibility Simplification Act, bringing the cosponsor total up to three. If adopted, S. 1909 would simplify and modernize the complex Medicare enrollment process.

Eleanor Hsu

This week, both the House of Representatives and the Senate held hearings concerning the nation's opioid epidemic. First, the Senate Health, Education, Labor, and Pensions Committee met on February 27th to discuss the role that technology can play in helping reduce the opioid crisis. HELP Committee Chairman Lamar Alexander cited the statistic that 1 out of 16 patients who are prescribed opioids become chronic users and are more likely to abuse the drugs..Congressional Recess Continues as Election Nears.The President should not sign or send the current totalization agreement with Mexico to Congress. Should the President nevertheless do so, Congress should disapprove the agreement. … Continued

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Why is the coronavirus so different from previous flu outbreaks?.When it comes to strengthening Social Security's finances, Members of Congress only have two choices - to cut spending on benefits, or increase program revenues. Typically in the past, the focus has been on proposals that would cut benefits rather than raising revenues. Proponents of cuts argue that benefits must be cut because Social Security is insolvent as currently structured. They point to the fact that there are fewer workers to provide payroll tax revenues for swelling number of retirees.."New Alzheimer's Drug Clouds Outlook For Medicare Premiums Next Year," Mark Miller, Reuters, July 12, 202"How Everyone On Medicare Could End Up Paying For The Pricey New Alzheimer's Drug," July 10, 202"Medicare Evaluating Coverage for ,000 Alzheimer's Drug," Ricardo Alonso Zaldivar, Matthew Perrone, The Associated Press, July 13, 2021. … Continued

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