In addition, Wall Street analysts were skeptical that the orders would have much effect on drug makers and said they could prove difficult to implement in practice..At Monday's press conference, all six Trustees commented on the need for Congress to make some changes to both programs to ensure their financial stability. The Senior Citizens League agrees that both programs must be returned to solvency to ensure that future retirees receive the security they deserve. However, we firmly believe that any changes to either program should be phased in gradually and should not affect those seniors nearing or currently in retirement..There's no doubt Democratic lawmakers would like to do these things because they campaigned on them last year and this would be the last chance to pass them this year. Because next year is an election year it is very unlikely any significant progress would be made then.."Extra Help Basics," Medicare Interactive, The Medicare Rights Center, accessed on June 19, 2018.."Like health care legislation to repeal and replace Obamacare, Social Security and Medicare reform proposals could become the center of a nasty political tug-of-war," Johnson says. TSCL works to protect retirement security and to promote better adequacy of both Social Security and Medicare benefits. To learn more, visit..For updates on the drug importation issue, follow TSCL on Twitter or visit the Legislative News section of our website..In a separate report, the CDC responded to concerns about deaths being misattributed to Coved-1The agency took a close look at death certificates, finding that most that listed Covid-19 also named other contributing problems. They included conditions such as diabetes, known to increase the danger of severe disease, or conditions such as pneumonia that occurred in the chain of events leading to the deaths..While at TREA, Larry became familiar with The Senior Citizens League, which was first established in 1992 as a special project of TREA.."That simply isn't the case," says TSCL Chairman, Larry Hyland. TSCL conducts an annual survey of typical senior costs. "That data indicates that Social Security benefits have lost more than one-third of their buying power since 2000," Hyland says. "Changes that cut COLAs even further would make it that much harder for seniors and disabled beneficiaries to afford rising Medicare, energy, and other costs," he notes.

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Today millions of older women are depending on insufficient Social Security benefits to get them through a retirement that can stretch up to 30 years. Low benefits mean people have to spend more of their retirement savings at a faster pace than anticipated..But one thing is for sure: regardless of whether any agreements on the federal budget are reached or not, Congress will get their pay eventually..Despite the coronavirus emergency, The Senior Citizens League is continuing its fight for you to protect your Social Security, Medicare, and Medicaid benefits. We've had to make some adjustments in the way we carry on our work, but we have not, and will not stop our work on your behalf. … Continued

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To help make the right saving and distribution decisions, get professional advice from professional financial advisors..Supreme Court: Mandate Penalty is Tax, Jeanne Sahadi, CNN Money, June 28, 2012..When the Centers for Medicare and Medicaid Services establish the Part B premium for 2022, they could potentially factor in the expected costs for Aduhelm. Part B premiums were already on track to be higher. The Medicare Trustees recently estimated that Part B premiums would increase to 8.50 in 2022. … Continued

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