Mercy Hospital Gift Of Life Event Celebrates Organ Donors And FamiliesThis week, The Senior Citizens League's Board of Trustees and legislative team held meetings with several Members of Congress and their top staff to discuss key issues affecting seniors. In addition, one new cosponsor signed on to the CPI-E Act, and negotiations between the House-Senate Conference Committee continued..In addition, TSCL announced its support for legislation from Rep. Grace Meng that would address the Social Security Notch once and for all. It would allow Notch victims born between the years 1917 and 1926 to choose between a ,000 lump sum payment or an improved monthly benefit calculation. TSCL firmly believes that Congress must provide some compensation to victims of the Notch injustice, and we are hopeful that Congresswoman Meng's bill will be approved by the end of this year..Applying the payroll tax to all wages over 0,000. Currently, payroll taxes are not paid on income over 8,500, which means millionaires and billionaires pay a much smaller tax rate than everyone else. … Continued
Couch To 5kUnder current law, noncitizens who gain temporary work authorization can qualify for long-term Social Security benefits based on work under invalid Social Security numbers that was done prior to gaining that authorization. If elected, would you support legislation to modify this policy?.Elizabeth Curda of the Government Accountability Office explained that the operating system for filing and processing these claims was built in the 1950s and requires .1 billion just to maintain, not to improve, the system. Max Stier from the Partnership for Public Service said: "We have a legacy government that hasn't kept up with the world.".The I.O.U.s in the Social Security Trust Fund are a special type of non-marketable bond issued by the U.S. Treasury when excess revenues are received. The cash revenue that isn't needed to pay benefits is "borrowed" and used for other government spending. By law, the I.O.U.s held by the Trust Fund pay interest, and that forms an additional source of income - on paper, at least. … Continued