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Will current beneficiaries and those close to retirement - people age 55 and older - be protected from benefit cuts?.In the months ahead, TSCL will advocate tirelessly for the Social Security Guarantee Act, and we hope to see it signed into law before the end of the 114th Congress. For updates on its progress, visit the Legislative News section of our website, or follow us on Twitter..Hearing aids and batteries..Let's be clear about this. No one is saying that the effort to cut Medicare and/or Social Security will come this year or next..Well, to our surprise, it was announced last Friday that House and Senate committee leaders have struck a deal on a bipartisan fix for the problem..This week, lawmakers in the House and Senate remained in their home states and districts for the week-long Independence Day holiday recess. They are expected to return to Capitol Hill on Monday, July 10th..But in the meantime, beware of scams and identity theft attempts. Scammers are taking advantage of the confusion created by the transition, and reports of Medicare card scams are rampant. The two most important things to know: Medicare will not call or contact you for "information about your account," and the new card will not cost you anything..How Social Security Can Be Fixed Without Deep Cuts.Given the importance, changes to Social Security should ideally be made only after a full and open debate, separate from the debt limit negotiations. Any changes should be kept as small as possible and phased in over the longest possible period, and they should not affect people who are currently over 50 years of age.

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In 2016 the COLA was zero and Part B premiums rose by 16.1 percent. In 2017 the COLA was just 0.3 percentage point, and Part B premiums rose by 10 percent. "Those premium spikes were due in large part to the cost-shifting effect created when no COLA was payable," Johnson notes..Find out if there are less costly options you can try: If you learn you are taking an expensive drug or one that's not covered by your drug plan, call your doctor to find out if there are generics or older, less expensive drugs that you could try. When trying out a new prescription ask your doctor for free samples, to allow time to determine whether it will treat your condition as effectively, and to monitor for potential negative side effects..To find a senior center in your area check your local phone book or call the Eldercare Locator at. … Continued

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In short, since 2015 Congress apparently forgot about the deficit and went on a spending spree. But suddenly, it has become a crisis again. Or has it become a convenient excuse for doing what a lot of them have wanted to do for a long time: cut Medicare and Social Security benefits?."House Democrats in the previous Congress, when they enjoyed a larger majority, passed H.R. 3 almost entirely along party lines. The legislation went nowhere in the Senate, which was then controlled by Republicans, and former President Donald Trump opposed the bill. But many Democrats campaigned on the bill last cycle, showcasing it as an example of what the party could achieve if it won full control of Washington.".Congress May Consider Ending Two Provisions That Reduce Social Security Benefits of Public Employees … Continued