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"Dying With Debt: The Hidden Financial Crisis," Steve Yoder, The Fiscal Times, June 12, 2013.In addition, one new cosponsor Sen. Christopher Murphy signed on to the Social Security Fairness Act this week, bringing the total up to fourteen in the Senate. If signed into law, S. 896 would repeal two provisions of the Social Security Act that unfairly reduce the earned benefits of millions of state and local government employees each year. TSCL believes that the two provisions the Windfall Elimination Provision and the Government Pension Offset must be repealed before the end of this year so that dedicated public servants receive the retirement security they have earned..legit loan companies for bad credit."This is an important perspective to have in our current legislative environment," says Johnson. Some Members of Congress are discussing indexing the COLA to the more slowly growing "chained" consumer price index. "The current index used to calculate the COLA already understates inflation experienced by retired beneficiaries, because it doesn't adequately represent the spending of older consumers," Johnson explains. "A more slowly growing index would only exacerbate the problem of maintaining the buying power of Social Security benefits over time," she says..According to a report released by the Congressional Budget Office on Tuesday, a full repeal of the law without a replacement would result in a loss of insurance coverage for 18 million individuals, and premium increases of around 25 percent for those who purchased coverage through the individual market. In response to the new report, Senate Majority Leader Chuck Schumer said: "The numbers are even worse than experts could have imagined.".Get the spiel. Keep pen and paper close to your phone and the next time you get the call, write down the offer. Without giving away any of your own information stay on the line to talk to an agent. What is the item or service and what are the terms?.Increasing the frequency of Continuing Disability Reviews. Additional funding for CDRs, which are conducted periodically to determine if enrollees still qualify for DI benefits, would return significant savings to the program according to recent projections..According to the Congressional Budget Office, a growing share of the government's spending for Social Security is going to pay for disability benefits.[iii] Between 1990 and 2012, the ratio of disabled recipients to retirees changed dramatically, increasing 112.5%, from 3.2 to 6.7 beneficiaries per 100 covered workers.[iv] In testimony to the House Subcommittee on Social Security, the Congressional Budget Office said that legislation enacted in 1984 expanded the ways in which people could qualify for the DI program, which included allowing symptoms of mental illness and pain to be considered even in the absence of clear - cut medical diagnosis. In addition, disabled beneficiaries also receive coverage under Medicare, regardless of age, after a 24 - month waiting period..TSCL Endorses Lock-Box Bill