(Washington, DC) – A new survey seeking to learn the financial impact of the coronavirus on older Americans indicates that almost half of retirees say they have gone without essential items. According to the survey by T ...
Category: Press Releases
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. But a new survey by The Senior Citizens League ( ...
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 help for unemployed workers who need the money, and would w ...
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 of their Social Security benefit income for the 2019 tax year. “There was no ...
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 study released today by The Senior Citizens League (TSCL). “This ...
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, The Senior Citizens League (TSCL) warns. “Some of ...
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 significantly increase the number of people claiming Socia ...
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 The Senior Citizens League (TSCL). Un ...
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 Citizens League (TSCL). This month Congress took t ...
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 receiving a 2.8 percent cost-of-living adjustment according to new surv ...