Page 14 - NBY News October 2020

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The Senior Citizens League 1 1 1 1 1 1 1
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The Senior Citizens League (TSCL) 1 Canyon Villas
the proposal, and there will be an array of
questions as to how the policy will work in
Despite the coronavirus emergency, practice. The proposal would apply to both Active Retirement Living
TSCL is continuing its fight for you to Medicare Part B and Part D drugs, an
protect your Social Security, Medicare, expansion from an earlier version of the SENIOR APARTMENTS IN CANYON COUNTRY
and Medicaid benefits. We have had to order. The order would apply to Part D
make some adjustments in the way we drugs where ‘insufficient competition 1 BEDROOM, 1 BATH starting from $790
$1,350
carry on our work, but we have not, and exists’.”
will not stop our work on your behalf. * * * *
Our nation is in a hyper-partisan period Few Employers Withholding Payroll  Largest recreation center in the Valley • Lots of fun activities
as the November elections approach. In Taxes. For the last few weeks we have  Gated community • Lush landscaping & ponds • Swimming pool
this environment it becomes tricky when reported on President Trump’s executive
reporting about issues that affect you and order to allow employers to defer payroll  Free transportation • Great location • Walk to shopping & dining
other TSCL supporters because the issues taxes owed by workers, which funds Social  HUD/Section 8 Welcome...
are so often intertwined with politics. Security and Medicare. TSCL is opposed to
We want to assure you that we will try payroll tax cuts of any kind because they Call for information on waiting list
to report the facts as we understand them seriously jeopardize the financial viability (661) 298-1154 or (800) 698-8788
and keep elective politics out of it. of both programs.
**** The President’s order halts the collection 27850 Solamint Rd., Canyon Country
President Signs Prescription Drug Order of payroll taxes from Sept. 1 through the end
Last July 24 President Trump announced of the year. In addition, he instructed the
buy fresh produce all year
buy fresh produce all year
buy fresh produce all year
buy fresh produce all year
his intention to sign four executive orders Treasury Department to look into how the buy fresh produce all year
regarding prescription drugs, including government can forgive the deferred tax
one that would tie the cost of drugs in the payment permanently because as things The Orange Farmers and
US to drug prices in other countries. At stand right now the taxes must be repaid
the same time, he said he would delay after the first of the year. Here are two locations. One in Artisans Market is held every
signing the order and give pharmaceutical We’ve also reported on an analysis by the Orange County and one in Los Saturday from 9am to 1pm at
Angeles County.
companies, which have vigorously Social Security Administration about the If you want your location 304 N. Cypress Street, Orange, CA
opposed such a move, time to come up effect of the President’s directive on the published, please send information
with their own plan to lower drug prices. viability of Social Security. That report said to nbynews@juno.com 92866. Find more details on
He announced that he would meet with in part, the “DI [Disability Insurance] Trust website www.orangehomegrown.org
the drug companies to discuss his plan, but Fund asset reserves would become The Farmers Market at Mt. SAC
top company executives subsequently permanently depleted in about the middle
refused to meet with him. The drug of calendar year 2021, with no ability to pay is held on Saturdays from 8AM -
companies did develop their own proposal DI benefits thereafter. We estimate that 2PM on Parking Lot B, 1100 N
but it was rejected by the President. OASI [Old Age and Survivors’ Insurance] Grand Ave in Walnut, CA Rain or
In an ironic twist, the proposal runs Trust Fund reserves would become
counter to Republicans’ belief in the free permanently depleted by the middle of Shine, sponsored by the Regional
market system and Congressional calendar year 2023, with no ability to pay Chamber of Commerce San
Republicans have long opposed it, while OASI benefits thereafter.” Gabriel Valley.
Democrats, including Senator Bernie The result of that analysis is precisely why
Sanders (I-Vt.), have long advocated it. we’ve opposed the President’s order. To 123456789012345678901234567890121234567890123456789012345678901212345678901234567890123456789012123456789012 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2
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The President believes tying drug prices make matters worse, there is no plan on 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 Receive Not Born Yesterday! 2 2 2
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in the U.S. to those in other countries will how to replace the money the Social 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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bring down the prices here. However, the Security and Medicare systems will lose if 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 ON LINE ONLY 2020 2 2 2 2
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effect of his order won’t be seen for some the temporary tax deferral becomes 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2
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time and will only cover certain permanent. (Result: Major damage to both) 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 RENEWAL $6 per year NEW 2 2 2 2
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prescription drugs. The executive order Last week the U.S. House of 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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requires that the secretary of Health and Representatives announced it will not 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2
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Human Services immediately test a implement the President’s directive for 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 NAME 2 2 2 2
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payment model for Medicare to pay ‘no employees of the House, joining major 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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more than the most-favored-nation price’, companies in rejecting the option. 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 ADDRESS 2 2 2
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meaning the lowest price paid in other Few employers outside the federal 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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developed countries, for specific ‘high- government and the military have taken up 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 CITY STATE ZIP + 4
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cost’ prescription drugs and products. the option. Costco Wholesale Corp., United 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2
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According to a report in The Hill, a Parcel Service Inc. and FedEx Corp. are 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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Washington, D.C., newspaper, “There are among employers that have said they aren’t 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 EMAIL ADDRESS 2 2 2 2
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further administrative steps that need to participating. 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2
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happen before the proposal will actually The Senate, where Republicans hold the 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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take effect and result in lower drug prices. majority, has yet to make a decision as to 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 PHONE NUMBER Month, Day & Year of Birth 2 2 2 2
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The secretary of Health and Human whether to defer taxes for its employees. 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 Make check payable to Senior Industry Professionals 2 2 2
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Services will have to issue the details of 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 Mail to P.O. Box 722, Brea, CA 92822 SUBSCRIPTION FORM 2 2 2 2 2
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14 October 2020