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To learn more about important issues affecting seniors, to sign a petition to Congress, or to find contact information or your Members of Congress, please visit the ACTION CENTER of our website..The Senior Citizens League is working for enactment of legislative measures that would lower prescription drug costs. To learn how to get involved, visit..So far activists, including TSCL's members and supporters, have managed to keep Capitol Hill lawmakers wary of making major changes. But the issue isn't going away any time soon. The nation will once again reach the federal debt limit by the end of next year, and at the same time, lawmakers will be confronted with the looming insolvency of the Social Security Disability program. Deficit reduction battles are likely to dominate the Congressional agenda once again, and cutting COLAs remains the target of major deficit reduction plans.."Implications of the Payroll Tax Holiday for Social Security," National Academy of Social Insurance, April 201"'Temporary' tax cuts plentiful, and often long term," USA Today, December 8, 2011..By Jamie McMillen, TSCL Legislative Assistant.In 2017, you are allowed to earn ,880 or in the months prior to full retirement age without any reduction to your benefits. If you earn more than that, Social Security will withhold in benefits for every over that amount..The CBO option would change the taxation of Social Security to be more like distributions from defined benefit pension plans. Those distributions are fully taxable except for the portion that represents the recovery of "basis," or what an employee paid in - that is, his or her after-tax contributions to the plan. Once the recipient has recovered his or her entire "basis" all subsequent pension distributions are fully taxed..You are age 62 or older;.What are budget cutters looking at? Here are a few key proposals under discussion. After reviewing these, tell us what you think by taking our survey.