Racial Equity And Health Policy Dashboard Racial Equity And Health Data DashboardThe Social Security Trustees recently projected that the Disability Insurance Trust Fund will be fully depleted by 201If the next Congress takes no action to address the matter, payroll taxes will only be sufficient to cover about 80 percent of benefits after Trust Fund depletion. While Congress has never permitted a trust fund to run out before, time is short to make what's likely to be difficult long-term changes. "The longer lawmakers wait at this point, the greater the chances of a funding crisis and benefit cuts," Cates says..As we said, TSCL is supportive of intentions of these, and other efforts on the part of both parties to lower prescription drug prices. However, we also have our own concerns..In the weeks ahead, TSCL will continue to monitor the health reform discussions in the Senate and we will post updates here in the Legislative News section of our website. In the meantime, we encourage our members and supporters to contact those in the Senate who voted against the "skinny repeal" bill to express their gratitude. Senators Collins, Murkowski, and McCain took a stand against legislation that would have jeopardized the health and financial security of millions of older Americans, and TSCL appreciates their leadership on this important issue. For contact information, click HERE. … Continued
Ncsl In Dc Standing Committees Natural Resources And Infrastructure Natural Resources And Infrastructure Committee S 2019 Spring Webinar SeriesTSCL is strongly opposed to plans to "chain the COLA." Such a switch has been estimated to reduce Social Security benefits by about 7% over a 30-year retirement. An average benefit of ,300 in 2017 would be about 5 per month less at the end of the period than it would be using the current CPI. An index that causes higher taxes, and lower retirement benefits, make the chained CPI a bad deal for older Americans..Members of the House passed the .1 trillion government-wide spending bill last Thursday, and after much debate, lawmakers in the Senate adopted it late on Saturday evening. Those in the House left Washington shortly after they approved the "cromnibus," while those in the Senate stayed in town for a few days to consider dozens of executive nominations and to pass a package of tax extenders..Sen. Bernie Sanders introduced S. 2023 on September 10, 201It has since been referred to the Committee on Finance. … Continued