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  • Big Agenda But Little Time To Get It Done

    The findings show a dramatic drop in inflation from January of 2014 to January of 2015 — due almost entirely to the drop in oil prices. The deflationary trend, while making the price of petroleum products more affordable in the short term, could spell trouble ahead next year for retired and disabled beneficiaries who depend on Social Security for most of their income. The last time the drop in inflation was this steep was in 2009 — when no cost of living adjustment (COLA) was payable the following year. In fact, the drop in inflation is now so deep that TSCL's Social Security policy analyst and Advisor editor, Mary Johnson, forecasts that the COLA for 2016 will be around zero. Going without any COLA is like going without interest on savings and results in a lower Social Security income over time, due to the loss of compounding. .(CDC's mission is to protect America from health, safety, and security threats, both foreign and in the U.S. Whether diseases start at home or abroad, are chronic or acute, curable, or preventable, human error or deliberate attack, CDC fights disease and supports communities and citizens to do the same.) .This tax season is likely to be more uncertain for taxpayers of all ages due to the impact of COVID-19 on business closures, loss of income from earnings and wages, a temporary waiver of minimum distributions from retirement accounts, high medical costs for some people, confusion over tax treatment of working from home, and how stimulus payments and program benefits such as unemployment should be treated for tax purposes. … Continued

  • How Does The High Unemployment Affect Social Securitys Solvency

    Is his condition found on the Social Security Administration's list of disabling conditions? This is a list of medical conditions that the Social Security Administration considers so severe that it prevents a person from completing substantial gainful activity. .Investigate national and community charitable programs and organizations. An excellent guide to Prescription Drug Assistance Programs is available from The American Cancer Society. Even if you don't have cancer, the information is pertinent to all drug assistance programs. For more information call 1-800-ACS-2345 or download the publication at http://www.cancer.org/Treatment/FindingandPayingforTreatment/ManagingInsuranceIssues/PrescriptionDrugAssistancePrograms/index .As we said above, the devil is in the details. Rather than signing four "executive orders," the only real executive order was the one on housing. The other three actions are marked as "memorandum," which carries less authority. … Continued

Be suspicious of products that claim to treat a wide range of diseases. .When a Senate vote is tied, the Vice President, who the Constitution designates as the President of the Senate, can cast the tie-breaking vote, which is exactly what happened. .This week, action on Capitol Hill slowed down as both Houses of Congress adjourned for a district work period. However, The Senior Citizens League (TSCL) did see support grow for one key piece of legislation. .Despite the fact that leaders are holding steadfast on their positions, a small bipartisan group in the House proposed a plan on Thursday that would fund the government for six months and repeal the health care law's controversial tax on medical devices. The leaders of the bipartisan group – Reps. Ron Kind (WI-3) and Charlie Dent (PA-15) – believe their proposal represents a fair compromise that both sides can support. .Sources: Earnings Suspense File Data For 2008 and 2009, Social Security Administration, March 2, 201"The Growing Cost Of Illegal Immigration To Social Security," Mary Johnson, TSCL, June 2010. .We understand that our proposal may not be the most perfect solution to the injustice; however, it stands a much better chance of getting passed in Congress and is the best possible solution we know of. .How can I get in contact with Medicare? .This week, Members of Congress returned to Washington to begin working on a temporary measure that would avert a government shutdown on October 1st. In addition, The Senior Citizens League (TSCL) announced its support for one new piece of legislation, and three key bills gained cosponsors. .TSCL's research has consistently found that Medicare Part B premiums rank as one of the fastest growing senior costs. Yet Medicare premium costs are not included in the measure currently used to determine the annual COLA — one major reason why COLAs do such a poor job of keeping up with rising healthcare costs. TSCL continues to lobby for a more fair and accurate COLA and supports legislation that would use a seniors' index — like the Consumer Price Index for the Elderly (CPI-E) — to determine the annual boost.