Dependentparent benefit based on account of person who has reached age 62..People age 65 and older who have not started Social Security benefits, and who pay by check. Most of this group includes people who are still working or those who may recently have lost jobs but not yet started Social Security benefits..The opinions expressed in "Congressional Corner" reflect the views of the writer and are not necessarily those of TSCL..How far will your 2013 COLA go? What other options do we have to address Social Security's solvency? Take TSCL's 2013 Senior Survey!.My doctor prescribed a new drug but, when I tried to fill it the first time, I learned that my drug plan does not cover it. The drug cost close to 0 dollars and I could not afford that! What can I do?.In their 2016 platform, Democrats committed to adopting a more fair and accurate Social Security cost-of-living adjustment, saying, "The Democratic Party recognizes that the way Social Security COLAs are calculated may not always reflect the spending patterns of seniors, particularly the disproportionate amount they spend on healthcare expenses." To cover the cost of providing a more accurate COLA and to increase the solvency of the trust funds, Democrats voted to support policies that would apply the payroll tax cap to income above 0,000 so that wealthier individuals pay the same Social Security tax rate as everyone else.."Relief From Deportation: Demographic Profile Of The DREAMers Potentially Eligible Under The Deferred Action Policy, Migration Policy Institute, August 2012..In the weeks ahead, The Senior Citizens League will be closely monitoring discussions in the House and Senate to repeal the ACA since they will impact older Americans in several ways. For instance, Medicare Part D beneficiaries who fall into the coverage gap or "doughnut hole" will face higher costs for their prescription drugs, and the Hospital Insurance Trust Fund that finances Medicare Part A will lose a critical stream of funding. For updates on the repeal of the ACA, visit the Legislative News section of our website, or follow TSCL on Facebook or Twitter..Senator McConnell's comments came a day after the U.S. Treasury Department released an analysis that revealed the corporate tax cuts under the new tax law had a significant impact on the deficit in 201Supporters of the 2017 tax legislation sold the bill saying that the tax cuts would spur economic growth so much that it would pay for itself. But the Treasury Department recently reported that the U.S. budget deficit grew to 9 billion in Trump's first full fiscal year as president, as a result of the tax cuts, spending increases, and rising interest payments for the national debt.
