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48% of Older Americans Have Gone Without Essentials During Pandemic

(Washington, DC) – A new survey seeking to learn the financial impact of the coronavirus on older Americans indicates that almost half of retirees say…

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Older Americans Not Concerned About Drug Makers’ Threat

(Washington, DC) – Drug manufacturers and some Members of Congress claim that allowing Medicare to negotiate drug prices would limit funding for research and development. …

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Payroll Tax Cuts Worsen Social Security and Medicare Funding Issues

(Washington, DC) – President Trump is insisting on another payroll tax cut for any economic stimulus package.  But the proposal is unlikely to provide financial…

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Half of Retirees Report Paying Tax on Social Security Benefits for 2019

(Washington, DC) – Half of retirees participating in a new survey by The Senior Citizens League (TSCL) say they paid income taxes on a portion…

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Social Security Benefits Lose 30% of Buying Power Since 2000 No COLA Likely For 2021

(Washington, DC) – Social Security benefits have lost 30 percent of buying power since 2000, according to the latest Social Security Loss of Buying Power…

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Growing Prescription Drug Shortage

(Washington, DC) – Concern is growing that prescription drug shortages due to the COVID-19 pandemic may cause significant spikes in prescription drug costs for retirees,…

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A Corona Virus Caused Recession Would Increase Number Claiming Social Security

(Washington, DC) – An emergency Social Security and Medicare payroll tax cut could weaken program financing at the same time a Coronavirus caused recession would…

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Congress Should Cap Out-of-Pocket Costs For Medicare Part D Prescription Drugs

(Washington, DC) – Seventy-eight percent of retirees think Congress should cap what Medicare beneficiaries must spend out-of-pocket on prescription drugs, according to new survey by…

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85% of Retirees Want Congress to Restrict “Surprise” Medical Bills

(Washington, DC) – Eighty-five (85) percent of retirees want Congress to enact legislation restricting “surprise” medical bills, according to a new survey by The Senior…

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45 Percent of Retirees See Little Growth in Social Security Benefits

(Washington, DC) – Forty- five percent of retirees, report that that their net monthly Social Security benefit grew by less than $10 in 2019 despite…

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