Information and referral: Depending on her income your mom may qualify for other assistance programs, like Medicare Extra Help, and you can get contact information for other types of programs..The new drug's availability expands the choices that patients and physicians have for treating the chronic, metabolic illness diabetes. The new product potentially reduces the cost of treatment for patients as they navigate different options..Two new cosponsors Senator Cory Booker and Senator Deb Fischer signed on to the bipartisan CREATES Act, bringing the total up to thirty in the Senate. If adopted, the bill would increase competition in the prescription drug industry by encouraging generic and biosimilar drug manufacturers to introduce their products to the market more quickly..On Wednesday, Sen. Michael Enzi and Rep. Tom Price Chairmen of the Senate and House Budget Committees released their fiscal 2016 conference budget resolution. Shortly thereafter, House lawmakers passed it along party lines, with a vote of 226-197..However, it remains uncertain whether lawmakers will be capable of negotiating the details of a long-term spending plan in just two weeks. Should they fail to do so, they will either need to pass a short-term continuing resolution to keep the government operating or allow the federal government to shut down..In the coming weeks, budget discussions will continue on Capitol Hill as committees in the House and Senate form proposals of their own. TSCL is hopeful that leaders in both chambers will consider measures that would improve the pharmaceutical industry and ensure access to more affordable prescription drugs for Part D enrollees. We will monitor the budget debate closely in the weeks ahead, and we will post updates here in the Legislative News section of our website..The Republicans say that is a form of government price controls and interferes with the free market. That's why Majority Leader McConnell refuses to bring the Grassley-Wyden bill up for debate in the Senate. That bill differs in how it would lower drug prices but Senator McConnell opposes it because it would, in his opinion, still interfere with the free market and also because health care will be a big issue in the elections this year..Upon introducing the bill back in 2015, Congressman John Larson said: "Social Security remains the nation's bedrock retirement program and provides vital protection … Many Americans, however, do not believe it will be there for them when they retire. I am proud to announce a common sense path forward today that not only strengthens benefits now, but ensures Social Security will be here through the next century.".Interest rates fell. Seven percent of Social Security financing comes from the interest earned by the assets held by the Social Security Trust Funds. Those assets are actually non-marketable government bonds, like I.O.U.s from the U.S. Treasury payable to the Social Security Trust Fund. That income stream was reduced because short term interest rates dropped to extreme lows during 2020 and so far in 2021.

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The U.S. has given billions of dollars to drug companies to develop a vaccine against the coronavirus that has infected more than 5.1 million people across the country. It has even gambled on locking in a minimum of 800 million doses as soon as the immunizations are cleared later this year or early next year..Does Social Security Provide Enough Income For Today's Retirees?.Lawmakers Remain in Recess … Continued

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With Inflation Dropping - Low 2013 COLA Forecast.On Wednesday, Congressman Jimmy Duncan introduced the CPI for Seniors Act, and TSCL announced its support for it shortly thereafter. The bill, if signed into law, would mandate the formulation and publication of a new Consumer Price Index specifically for seniors with the purpose of establishing a more fair and accurate cost-of-living adjustment..Elizabeth Curda of the Government Accountability Office explained that the operating system for filing and processing these claims was built in the 1950s and requires .1 billion just to maintain, not to improve, the system. Max Stier from the Partnership for Public Service said: "We have a legacy government that hasn't kept up with the world." … Continued

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