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To read the full statement from Chairman Cates on Thursday's Supreme Court decision, click HERE..[ii] Ibid..But should President Trump win a second term there will be pressure on him from members of his own party and some of his long-time supporters to violate his pledge to protect Social Security and Medicare when he ran for President the first time..It was always expected that few if any Republicans in the House of Representatives would support legislation to lower drug prices. But it turns out that a group of moderate Democrats has now said they do not support the sweeping legislation that Democratic leaders in the House have proposed..Where no average prices are available, U.S. Bureau of Labor Statistics CPI-U numeric data are used..Although importing prescription drugs from Canada is illegal, a substantial portion of consumers in the U.S. already purchase lower-cost prescription drugs from Canada and other countries. A random sample survey of American adults in 2016 found that 8% of respondents said they or someone in their household had imported a drug at some point, which translates to about 19 million individuals..Boosting Social Security benefits for everyone. The proposed boost would equal 2% of average benefits..As anyone who was following the news last week knows, Congress failed to reach an agreement on a new coronavirus economic relief bill, so they went home. They have left it up to the leadership in both houses to try and come up with legislation that can pass both bodies, but no one sounds optimistic that will happen before they return in September..Here are the seven policy priorities for the disability program that we shared, based on overwhelming support in our recent polls and surveys of our members and supporters. Many of them appeared in the budget deal that was reached in October.

Kff Analysis Finds 1 In 4 Workers Are Potentially Ineligible For Emergency Paid Sick Leave Benefits

If signed into law, S. 1904 would strengthen Social Security benefits by enacting an across-the-board benefit increase, adopting the Consumer Price Index for Elderly Consumers, increasing the minimum Social Security benefit to 125 percent of the poverty line, and increasing the threshold on the taxation of Social Security benefits. It would also strengthen the solvency of the trust funds by applying the payroll tax to income over 0,000, increasing the payroll tax rate by 0.05 percent annually until it reaches 7.65 percent, and reallocating funds to the Disability Insurance trust fund..As the law is phased in over the coming months and years, TSCL will monitor it closely, and our legislative team will advocate against the implementation of the provisions that will increase costs for beneficiaries. For updates on its movement, visit our website at SeniorsLeague.org or our new Facebook page at Facebook.com/SeniorsLeague..The 2020 Medicare Trustees report recently estimated that the Hospital Insurance Trust fund will become depleted in six more years - 202"But the high level of hospitalizations due to the coronavirus for seriously ill Medicare patients may shorten the life expectancy of the Medicare Trust Fund," Johnson says. … Continued

Fiscal Policy Remote Work Boom Complicates State Income Taxes Magazine2020

If you own a pet and have been to the vet lately, the bill may have taken a big bite out of your budget. Like human healthcare, the cost of vet services is growing several times faster than inflation. But unlike human healthcare, the cost of vet services has been growing even faster than the cost of medical services from your doctor 68% faster in 2013 alone. And although you may have Medicare or some other type of health insurance for yourself, chances are you don't have health insurance for your pet meaning you foot 100% of the vet bills..I can't find the remote..These three-decade-old policies have been proven to be harmful not helpful, which is why I introduced H.R. 141, the Social Security Fairness Act of 201This bill will completely eliminate these counterproductive policies and, while other members of Congress have their own ideas on how to improve our Social Security system, this legislation is the only one that completely repeals both harmful provisions. … Continued