For the last month, at least, we’ve been reporting each week on the fate of attempts by the slim Democratic majorities in Congress to put together legislation that would improve Medicare in one way or another. It is e ...
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Update for Week Ending October 16, 2021
No End in Site for the Stalemate in Congress For the last month, at least, we’ve been reporting each week on the fate of attempts by the slim Democratic majorities in Congress to put together legislation that would im ...
5.9% COLA Welcome, Inflation Likely To Continue to Erode Social Security Buying Power in 2022
(Washington, DC) – Retired and disabled Social Security recipients are anxiously looking forward to the largest cost of living adjustment (COLA) since 1982, according to The Senior Citizens League (TSCL). “This would be ...
Democrats Still Unable to Agree on how to Lower Drug Prices
Because of unanimous Republican opposition to any current legislation being considered to lower prescription drug prices, all eyes are on the Democrats in both the House and the Senate. In particular, the two Senators r ...
How Bad are Things in Congress?
This is what the Associated Press says: Congress is an angry place these days. Four years of Trump’s bellicose presidency, the deadly Jan. 6 attack on the U.S. Capitol by his supporters and the high stakes for Democra ...
Senate Passes Bill to Avoid Default
Despite a monumental work load before the end of the year, the Senate is not in session this week. Last week they managed to come up with enough votes to prevent a default on the national debt but they only pushed it of ...
Update for Week Ending October 9, 2021
Senate Passes Bill to Avoid Default Despite a monumental work load before the end of the year, the Senate is not in session this week. Last week they managed to come up with enough votes to prevent a default on the n ...
Update: Social Security Benefits Lose 32 Percent of Buying Power
(Washington, DC) – Consumer price index data through August 2021 indicates that the 2022 COLA will likely be about 6 percent. But soaring inflation this year has deeply eroded the buying power of Social Security benefi ...
Dental, Vision and Hearing Benefits May also be on the Chopping Block
Democratic Congressional leaders had also hoped to include new benefits for seniors to cover dental, vision and hearing in their Medicare legislative package this year but those also appear to be in danger. According ...
Fate of Lowering Drug Prices is Up-in-the-Air
Because of divisions within their own party, top congressional Democrats are acknowledging for the first time they’ll have to scale back their drug pricing plans to win enough votes in order to pass their social spending ...