TSCL Announces Support for New Legislation.Federal revenues are now expected to be .5 trillion less over the next decade. But, Uncle Sam still owes about .9 trillion in "interest" and the money needed to redeem the I.O.U.s held by the Social Security Trust Fund. Paying the interest and redeeming the bonds will necessitate greater borrowing, new revenues - or, benefits would have to be cut..Shop the bulk bins: Stores like Whole Foods have bulk foods like dry beans, oatmeal, rice and spices. You can buy as much or as little as you need, which helps ensure freshness and flavor when cooking for one or two. Frequently the price per pound when buying bulk is much lower than packaged goods, but compare..The Social Security trustees now anticipate that when the old age and survivor fund runs out of money in 2034, it will be able to pay only 76% of the retirement and survivor benefits otherwise due to recipients..Rep. Matt Cartwright represents Pennsylvania's 17th Congressional District, which includes Schuylkill County and portions of Carbon, Lackawanna, Luzerne, Monroe, and Northampton Counties. Cartwright serves on the House Committee on Natural Resources and the House Committee on Oversight and Government Reform.."This is an important perspective to have in our current legislative environment," says Johnson. Some Members of Congress are discussing indexing the COLA to the more slowly growing "chained" consumer price index. "The current index used to calculate the COLA already understates inflation experienced by retired beneficiaries, because it doesn't adequately represent the spending of older consumers," Johnson explains. "A more slowly growing index would only exacerbate the problem of maintaining the buying power of Social Security benefits over time," she says..TSCL encourages its members and supporters to attend these events and to voice their concerns about important Social Security and Medicare issues like inadequate cost-of-living adjustments and skyrocketing prescription drug prices..On Wednesday, the Social Security and Medicare Trustees released their 2015 reports on the financial outlook of the two programs. At a press briefing, Treasury Secretary Jack Lew said: "Today's reports confirm that both Social Security and Medicare are secure today and will remain secure in the years to come. Consistent with previous years, today's reports also show that these programs are facing challenges that need to be addressed.".According to an article in Statnews.com, "It is looking increasingly like the U.S. may not experience a flu season this year. To date, fewer than 1,600 people in the entire country have tested positive for influenza since the 2020-2021 flu monitoring period began last October; of those, 32 were recorded in the week ending Feb. 2Most flu seasons, somewhere between 100 and 200 children die from flu; so far this season there has been a single pediatric flu death. Experts believe mask wearing, social distancing, and enhanced hand hygiene practices adopted for Covid-19 control are contributing to the low numbers of circulating flu viruses."

Newsroom Project Search Interns Graduate From River Falls Area Hospital Program

Johnson compared the lowest and highest cost between drug plans for a list of 12 frequently - prescribed drugs. The list includes commonly prescribed brand name and specialty drugs, as well as two widely - used generics. The analysis found:.In addition, one new cosponsor Rep. Bobby Rush signed on to the Improving Access to Affordable Prescription Drugs Act this week. Rep. Rush is the eleventh Member of Congress to pledge his support for the bill. If signed into law, it would comprehensively reform the prescription drug industry to reduce costs for consumers..In a letter of support to Representative Roybal-Allard, Art Cooper Chairman of The Senior Citizens League's Board of Trustees wrote: "Our supporters nationwide question why the Medicare program has not yet been expanded to include coverage of essential hearing, vision, and dental services, which many employers provide during working years. As such, The Senior Citizens League lends its enthusiastic support to the Seniors Have Eyes, Ears, and Teeth Act, a bill that we believe would go a long way in ensuring the retirement security seniors have earned and deserve." … Continued

Fiscal Policy State Actions On Coronavirus Relief Funds

Like all things tax-related, it's important to estimate income accurately. Estimate too low and you may wind up having to repay those premium subsidies in higher taxes. Taking too low a subsidy may mean paying substantially more in premiums, but a bigger tax refund. If you take the tax credit in advance, changes to your income or family size could affect your health insurance subsidies and you will need to report those changes during the year. You can also opt to take a partial subsidy to both lower the premium and avoid repayments if your income fluctuates..If adopted, it would cut .9 trillion from the deficit over the next ten years by implementing a combination of tax increases and spending cuts, around 5 billion of which would come from the health sector. Several proposed changes to the Medicare program are included in the package, including one important measure that would allow the Secretary of the Department of Health and Human Services to negotiate prices for high-cost drugs on behalf of Medicare Part D beneficiaries. Doing so would save billions of dollars each year..facility, or nursing home, long-term care is very expensive. Nursing home care … Continued

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