Senator David Vitter.As FDR once said, "The only thing we have to fear is fear itself--nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance." We will learn the lessons your generation has taught us and not give in to fear. With your support, we will preserve that which we promised and leave a legacy to our posterity..The short answer is no not yet..His renewed call for the cut comes only a few weeks after the annual reports regarding the financial stability of the Social Security and Medicare programs were issued by their respective boards of trustees. As we reported at the time, both programs are facing insolvency, albeit at different times..In a controversial political maneuver, Members of the House passed a bill on Friday that would keep federal agencies funded through December 15th, but withdraw spending for the implementation of the Affordable Care Act. The bill is now in the hands of the Senate, where leaders will likely attempt to strip it of the language that defunds the health care law. When asked how he plans to move forward with the House bill, Senate Majority Leader Harry Reid said: "Any bill that defunds Obamacare is dead. It's a waste of time." The bill has also received numerous veto threats from the White House..TSCL believes this would help boost benefits and keep older women out of poverty, help them to enjoy better health, and contributing to their communities longer. We support legislative remedies like these and will be working to share our survey results in upcoming meetings with Members of Congress..Coronavirus may derail Senate plans for other legislation.2020 Social Security Trustees Report, April 22, 2020. "COVID-19 May Deplete Social Security Trust Funds This Decade," Nicko Gladstone, Shai Akabas, Bipartisan Policy Center, April 22, 2020..The study found that, since 2000, COLAs increased benefits a total of just 46%, while typical senior expenses have jumped 96.3%. Here's a chart of the costs that are increasing the fastest.

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For seniors - many of whom are on fixed incomes - these skyrocketing prices are unsustainable. Astronomical drug prices are forcing seniors to make daily choices between the medication they need to stay healthy and other necessities such as food, transportation, and housing costs. This is unacceptable..Deaths related to COVID-19 were higher among American Indian and Alaskan Native persons, Hispanics, Blacks and Native Hawaiian and Pacific Islander persons than whites. Among nearly all these ethnic and racial minority groups, the COVID-19 related deaths were more than double the death rate of non-Hispanic white persons..At issue is whether illegal immigrants would be able to benefit for Social Security and Medicare purposes from jobs worked prior to gaining work authorization. Senators Orrin Hatch and Marco Rubio introduced an amendment that would give the Social Security program protections to prevent payment of benefits based on prior illegal work. The amendment was strongly supported and endorsed by TSCL. … Continued

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We will all know if they were able to reach and agreement and get their job done by the end of this coming Friday. However, President Trump's position on this is not clear. While Treasury Secretary Mnuchin has been in on the discussions of the legislation the President has not said where he stands..Wednesday's vote marks an important step in the confirmation process, and she now faces only one more vote from the full Senate. Senate Majority Leader Harry Reid has said that he hopes to schedule a final confirmation vote before the end of the month. The overwhelming display of support from lawmakers on both sides of the aisle on Wednesday means that Burwell's path to confirmation will likely be an easy one. Nonetheless, TSCL will continue to keep a close eye on the process in the coming days..About four million seniors born from 1917 through 1926, commonly referred to as "Notch Babies," would receive their choice of a ,000 lump-sum payable in four annual installments, or higher monthly Social Security benefits. The legislation, known as "The Notch Fairness Act" seeks to correct a disparity in benefits caused the last time Congress overhauled the benefit formula in 1977, that began to affect seniors who started to retire just two years later. … Continued

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