Thrive Health At Every SizeIn addition, one new cosponsor Rep. Steve Cohen signed on to the bipartisan CPI for Seniors Act. The cosponsor total is now at three in the House. If adopted, it would mandate the monthly formulation and publication of a consumer price index specifically for seniors. Currently, Social Security cost-of-living adjustments are based on the inflation experienced by young, urban workers, but H.R. 2016 would establish a more accurate index for beneficiaries..What do you think? Take TSCL's 2016 Senior Survey..Beware of a nationwide utilitybill payment scam. Under the scam, a customer may be contacted in person, through fliers, social media or text messages. The scammers claim that President Obama will pay a person's utility bills through a new federal program. … Continued
Don T Sleep On Election Cybersecurity Cyber Criminals Won T Magazine2021Several lawmakers also asked Congressman Price about comments he recently made to reform the Medicare program before the end of the year. Congressman Price told the HELP Committee Members that there are no immediate plans to reform the program, and that he has not yet discussed the topic with the new administration. Congressman Price has authored several proposals in recent years that would transform the traditional Medicare program into a "premium support" model, where beneficiaries would be given vouchers to purchase private health insurance. TSCL opposes such plans since we believe they would result in higher out-of-pocket costs for seniors, and we will continue to advocate against them in the months ahead..The Senior Citizens League was pleased to see support continue to grow for several of its key bills this week, and we thank the new cosponsors for their support. In the months ahead, we will continue to advocate for the passage of the Social Security Fairness Act, the Social Security 2100 Act, the Fair COLA for Seniors Act, and get adoption of legislation that would lower the cost of prescription drugs..Currently the program pays out more in benefits than it receives in cash revenues. The interest on money owed to the Social Security Trust Funds, however, is helping to fund the benefits of today's retirees. But because the government must borrow the amount of money needed to repay funds borrowed from Social Security in the past, that drives up federal spending. Some Members of Congress are saying that benefits must be reduced, or that higher revenues are needed, to reduce the deficit. … Continued