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What do you think about proposals to cut Social Security or Medicare benefits? Visit to participate in TSCL's annual Senior Survey..When the Senate does return on Sept. 8 the first thing on its agenda will be to continue confirmation hearings on President Trump's nominations of judges to the federal judiciary. But the Senate has yet to pass one funding bill for the federal government for FY 2021 which begins Oct. 1..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..The Supreme Court has agreed to hear another Obamacare challenge in February or March. The outcome could have enormous financial impact on millions of people who purchased their health insurance through, the online federal health insurance exchange..In addition, The Senior Citizens League believes that an extension of the tax holiday could make a permanent cut more likely, further jeopardizing the program's ability to fully pay Social Security benefits in the future..But I was wrong..TSCL believes this offensive policy is long overdue for a change. Social Security provides monthly income to retirees and we believe retirees are entitled to every last dime, including benefits for the month in which they die. Payment for the final month is especially important as you point out because medical and funeral expenses can be significant..TSCL enthusiastically supports H.R. 1030, H.R. 1795, and H.R. 1179, and we were pleased to see support grow for each one this week..Representative John Larson introduced H.R. 860 on January 30, 201It has since been referred to the Committee on Ways and Means.

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The health premium subsidy will be paid on your behalf directly to your selected insurance plan, and you will get tax credits that reduce the total amount of tax you owe to the IRS. This can mean a bigger refund if you don't owe. The credit begins with insurance that starts January 1, 2014 or later..One of the big questions we have is why this flu is so different from the regular seasonal flu, or even the flu viruses we've experienced in the past years such as swine flu, SARS, MERS or Ebola. After all, whether we like it or not, it's a fact that seniors are among the most vulnerable when it comes to theses flus, especially if someone has other serious underlying illnesses. It's also a fact that significant numbers of people die each time there is a flu outbreak, and seniors make up a large portion of those deaths..According to the Congressional Research Service, for an age 65 retiree with average wages, a maximum benefit disparity of 10% would have arisen between the highest benefit under the old rules and the lowest benefit under the new rules if the 1977 assumptions had materialized. Under the economic conditions that actually arose, the disparity was 25%-two and one half times greater. … Continued

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The object is to provide at least 300 million doses of a coronavirus vaccine by January 202In most of the agreements with the drug companies, the Department of Health and Human Services says the vaccines will be given to the American people for free if part of a vaccine campaign. Once the vaccines are approved, the program is intended to quickly deliver them to as many people as possible. The federal government has said it will cover the cost of delivery, but health-care providers can charge to administer the vaccine..The people who are not covered by hold harmless include higher income beneficiaries, beneficiaries who have not started Social Security yet and who pay for Medicare by check, and about 19% of beneficiaries whose incomes are so low that their state Medicaid program pays their Medicare Part B premiums on their behalf..Social Security provides an essential foundation to American's retirement plans, but it simply was never designed to be the sole source of retirement income. Social Security replaces about 40% percent of earnings of the typical retiree. TSCL believes that today's retirement crisis calls for more adequate, not reduced, benefits. … Continued