So, does your support for TSCL. We depend on you and each of our supporters to keep us in this fight. We receive no financial support from corporations or the government..We need to work together to reduce the deficit in a balanced way, not on the backs of seniors and middle class families who have worked hard, contributed their fair share and played by the rules all their lives. I ran for Congress to fight for Illinois seniors and I'll continue to do my part to protect and preserve Medicare, so it will be strong for the working families I represent for the next forty-eight years and beyond..Lawmakers Reach Deal to Avert Fiscal Cliff.Among the documents released to TSCL was a statement by Secretary of State, Condoleezza Rice, that says, "Social Security actuaries have estimated that a Totalization Agreement with Mexico would have negligible long-range costs for the Social Security Trust FundsЕ Costs to the U.S. Social Security system are estimated to average about 0 million per year over the first five years.".The report's most critical finding was that Social Security's Disability Insurance trust fund remains in serious financial trouble. It is projected to become insolvent in 2016, and if Congress fails to take action, beneficiaries will see a 19 percent benefit cut next December. For the average disabled enrollee, that would amount to almost 0 less in monthly benefits. Each of the six Trustees urged lawmakers to reallocate the payroll tax immediately to address the program's insolvency, and to begin considering long-term solutions that will strengthen both of Social Security's trust funds..Congressional Recess Continues.Finally, because it started in China and it is a new strain of flu, health care officials in the U.S. are still learning about it and uncertainty exists..As long as all other qualifications are met, and they have evidence of their earnings, like W2s, they may file a claim for Social Security benefits. Others who receive an SSN after 2004 must have work authorization to claim benefits. Yet even people who worked illegally for many years sometimes later change status. That can occur even without an amnesty, especially if the illegals have children who were born in this country. Because the children are born as U.S. citizens, when they become adults they can sponsor their parents to stay in the U.S. legally and to receive work authorization. If their parents kept W2s and evidence earnings, those work credits will be re-instated to their new SSNs. Once they receive work authorization, noncitizens can later file a claim for Social Security benefits..Second, every two years, the Taskforce will submit a report to Congress outlining trends and innovations that are impacting the investment for senior investors. This will keep a cop on the beat to make sure we keep up with changes in financial scams. The report will also include recommendations for changes to rules of the SEC or other organizations, and any legislative actions needed to resolve senior investors' problems.

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TSCL supports a number of bills that would tie the COLA to the Consumer Price Index for Elderly Consumers. To learn more, visit online at..During this presidential election year it's important to let elected lawmakers, the President, and their challengers all know how seniors are affected by the economy and how seniors think those issues should be addressed. To participate in TSCL's 2012 Annual Senior Survey online, visit TSCL at or call to receive a copy of the survey by mail..What executive actions did the President announce? … Continued

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TSCL agrees that the WEP and the GPO must be repealed as soon as possible so that public employees receive the retirement benefits they have earned and deserve. We look forward to working closely with Sen. Brown in the coming months to help build support for his important new bill..Key Social Security Bills Gain Support.Annual cuts to healthcare providers. The Affordable Care Act provided for a number of cost-cutting mechanisms that cut government spending on hospitals and other healthcare providers. Medicare's Chief Actuary and the Congressional Budget Office have raised doubts that the savings targets can be achieved over a prolonged period of time, without providers dropping out of Medicare. Media reports already suggest that a growing number of Medicare beneficiaries are left with significant uncovered costs as hospitals keep patients listed as outpatients rather than inpatients due to new rules that penalize hospitals for frequent readmissions. TSCL is concerned that these sorts of problems may escalate as provisions of the Affordable Care Act are implemented. … Continued

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