TSCL believes that in the lame-duck session following the November elections, Congress must prioritize the passage of legislation that would make the Social Security COLA more fair and accurate. In the weeks ahead, our legislative team will continue to advocate for the CPI-E Act, as well as for legislation like the SAVE Benefits Act, which would make up for this year's zero COLA with a one-time emergency 3.9 percent increase. For progress updates, follow TSCL on Twitter or Facebook..Will income thresholds that subject Social Security benefits to taxation be adjusted so that fewer beneficiaries will be subject to taxes on their Social Security in the future?.A person receiving the national average Social Security benefit in 2000 - 6 per month - would have ,226.60 per month by 201However, because retiree costs are rising at a substantially faster pace than the COLA, that individual would require a Social Security benefit of 7.90 more per month, or ,634.50 in 2019, just to maintain his or her 2000 level of buying power..Social Security remains strong and solvent, but only for the next 17 years. After that, it faces a shortfall, only able to pay 75 percent of its promised benefits. Rather than breaking our promise to our seniors, and forcing retirees to shoulder benefit cuts that some have proposed across the board cuts, inadequate cost of living adjustments, and privatization Congress should instead work together to keep America's word and strengthen Social Security..When it comes to the big drug companies, they do not want limits on the costs of the drugs they manufacture. That is why they make so many campaign contributions..Your answers to TSCL's Annual Senior Survey makes a difference! TSCL shares the results with Members of Congress and the media..There's an old saying: "Laws are like sausages; it is better not to see them being made.".Since 2000, COLAs have increased Social Security benefits a total of 53 percent, yet typical senior expenses grew almost twice as fast - 99.3 percent. Table illustrates ten of the fastest growing costs since 2000. Where no average prices are available, numeric values from the U.S. Bureau of Labor Statistics CPI-U are used. Table shows the fastest growing costs from January 2019 to January 2020..The 2020 Social Security Trustees Annual Report, April 22, 2020.

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"New survey data from the Centers for Medicare & Medicaid Services found 21% of beneficiaries reported forgoing health care due to the pandemic, while 46% reported feeling more stressed and anxious..About 75 million people in the U.S. are 60 and older. Recently, about four-fifths of the nation's Covid deaths have occurred in that population..TSCL continues working for enactment of The Notch Fairness Act, which has recently been reintroduced in both the House and Senate. Like an "old age boost" the legislation would provide Notch Babies born from 1917 through 1926 with a choice of ,000 payable in four annual installments of ,250 or an improved monthly benefit. To learn more about The Notch Fairness Act, click here. … Continued

Medicare Slide Medicare Enrollment 1966 2013

Work Continues on Spending Bill.Medicare is currently prohibited from covering most hearing, vision, and dental services, even though millions of seniors are afflicted with age-related hearing loss, low vision, and poor oral health. When left untreated, these conditions often result in serious injuries and complications. What do you feel should be done about this?.In the meantime, leaders in Congress are working on a plan to fund the federal government past January 19th. In a joint statement released on Wednesday, Senate Majority Leader Mitch McConnell and Speaker of the House Paul Ryan said: "It is important that we achieve a two-year agreement that funds our troops and provides for our national security and other critical functions of the federal government." … Continued

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