It is a fact that seniors in the U.S. are living longer than many of our parents and grandparents. This is the good news. But along with that is the fact that many seniors experience the reality that their joints are wea ...
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New Covid Vaccine Available Soon
It has been reported that new Covid-19 booster shots targeting the highly contagious omicron variant could be available soon after Labor Day and all Americans 12 years and older will be eligible for the shot, which exper ...
The Weather May Start Cooling Off but Things Will Soon be Heating up in Washington
Traditionally, August has been a slow news month when it comes to news out of Washington, D.C. That is because Congress takes its traditional August break, which we wrote about last week. This year, of course, the fir ...
Medicare Cuts Looming
There are significant cuts in Medicare spending that will take place unless Congress takes action before the end of this year. Below is an explanation of why these cuts could come. We realize it is a bit complicated, but ...
Drug Companies to Fight to Block Laws Lowering Drug Prices
While we do not have specifics yet, the big drug companies are already planning to do all they can to stop the new laws that will lower drug prices from taking effect. According to a report in STATNews, “Even before t ...
President Signs Law to Lower Prescription Drug Prices into Law
Last week President Biden signed the Inflation Reduction Act into law. That is the legislation that contains the provisions that will allow Medicare to negotiate drug prices with the big drug companies and eventually low ...
Congress in Recess – but Much Work Remains When They Return
Congress is now in recess until after Labor Day. If they are running for re-election, all members of the House of Representatives and one-third of the members of the Senate are now back in their states campaigning. Wh ...
Number of Older Adults Receiving Low Income Assistance May Have Doubled Since the Start of the Pandemic
Roughly 37% of older adults who participated in TSCL’s latest survey, the “Seniors Priority Plan,” had some startling information for us as well as for Members of Congress. This group indicated that they receive low-inco ...
Ask the Advisor: August 2022
How Did Mortality From COVID-19 Pandemic Affect Social Security Finances? Q: I recently read that the Social Security Trust Fund picked up an extra year of solvency. Was that due to the high mortality rate in senior ...
Legislative Update: August 2022
TSCL Endorses Legislation That Would Boost Benefits $2,400 per Year By Doug Osborne, TSCL Legislative Liaison Social Security recipients have been hit hard by inflation this year. Inflation is eating into the buyi ...