By Mike Watson, TSCL Legislative Assistant The Senior Citizens League (TSCL) often hears from seniors who, in their advanced age, have drawn down all of their assets and are relying solely on Social Security as their ...
Category: Cost of Living Adjustment (COLA) Articles
COLAs & Medicare Remain on Deficit Reduction Cutting Table
Under growing pressure to reduce the federal deficit, the prospect of major Social Security and Medicare cuts is the greatest it’s been in almost three decades. The recent debt limit deal calls for a bipartisan committe ...
COLA Cuts “Easy Money”?
With deficit reduction negotiations running into the federal debt limit deadline, cost-of-living adjustment (COLA) cuts remain on a short list of dwindling options for Congressional leaders and the White House. With ...
Does The Social Security COLA Overpay Seniors? Deficit Cutters Say COLAs Need A “Trim”
Alexandria, VA (June 14, 2011) Cost-of-living-adjustments (COLAs) are "overpaying" Social Security recipients, and the government needs to switch to an "improved" method of measuring inflation that will give them a "smal ...
President’s Fiscal Commission Is Making The Case For Backdoor COLA Cuts
By Mary Johnson Your cost-of-living adjustment (COLA) “overpays” you. Yes, that is an outrageous statement — especially since you haven’t gotten a COLA boost for two years. Nevertheless, calling it “The Moment of Trut ...
Growth In Seniors Filing For Bankruptcy Outpaces Younger Americans
There’s been a remarkable increase in the number of bankruptcy petitions filed by seniors, age 50 and older, in recent years. And older filers are beginning to represent a larger percentage of those filing for bankruptc ...
Tighten Your Belts! Prices Hurtling Skyward
Housing, gasoline, food, healthcare — you name it, costs are taking some of the biggest jumps in years. In virtually every category, prices are on the way up at the very same time seniors are least prepared to handle th ...
Video: Not Keeping Up
Watch our public service video about the need for a fair Social Security COLA and spread the word! Please, share this video with your friends (use the "Share" button above or copy the URL into an email). ...
Video: Real Seniors, Real Concerns
Watch our new, nationally televised, Public Service Announcement called "Real Seniors, Real Concerns." Real seniors are telling the nation about the financial challenges they face in a new public service announcement ...
COLA Cuts Come Under Study
By Mary Johnson Now that our federal budget deficit is the only major economic indicator that’s roaring upward, Social Security benefits may be next to go through the wringer. The policy experts are quietly considering ...
Close