Meetings Training Ncsl Legislative Summit 2021 AgendaThe proposal to cut the growth of COLAs formed a major Social Security reform provision of President Obama's 2010 Fiscal Commission. It would reduce the growth rate in COLAs by switching to the more slowly-growing "chained" CPI. "The switch is insidious because it's enormously complicated to figure out, and it looks so small on paper - just 0.03 tenths of a percentage point," Hyland observes. "But the loss compounds over time. Within a decade it would have a significant financial punch that just keeps getting bigger," Hyland explains. The following chart provided by TSCL illustrates the impact of a chained CPI on a married couple's Social Security benefits, which start at a total of ,500 per month today, and how their benefits change over the first ten years. After ten years the chained CPI would reduce benefits by per month, and would cut benefits by ,488 over the ten-year period..White House Holds Aging Conference.Spanberger Bill Aims to Shed Light on Prescription Drug Pricing … Continued
Patient Education Preparing For Surgery The Day Before SurgeryBut one thing is for sure: regardless of whether any agreements on the federal budget are reached or not, Congress will get their pay eventually..TSCL enthusiastically supports the Audiology Patient Choice Act and the Seniors Have Eyes, Ears, and Teeth Act, and we look forward to working with their sponsors in the House and Senate to help build support for them. For more information, visit the Bill Tracking section of our website. For progress updates, follow TSCL on Twitter..TSCL supports the Protecting and Preserving Social Security Act enthusiastically since it would extend the solvency of the program responsibly, without cutting benefits for seniors. We look forward to working closely with Senator Hirono and Congressman Deutch in the months ahead to help build support for their important new bill. … Continued