Senior Citizens
As of spring 2023, the Social Security Trust Fund is projected to become depleted in 2034, with 77% of benefits payable at that time. The Disability Insurance Trust Fund asset reserves are not projected to become depleted during the 75-year projection period.
Two key estimates this year extended the life of Medicare’s Hospital Insurance Trust Fund: the Medicare Trustees report moved its estimate from 2026 to 2028, and the Congressional Budget Office’s estimate moved from 2027 to 2030.
Congressman Bishop agrees that Congress needs to act sooner rather than later to ensure that Social Security and Medicare remain strong in the future. Such options should include a balanced approach such as a mix of revenue raisers but also long-term structural reforms.
Medicare has been vital to the health care needs of older Americans. Social Security also has been one of our nation’s most successful anti-poverty programs. Social Security income has helped seniors stay above the poverty line.
Congressman Bishop will do everything that he can to ensure that these two vital programs remain strong now and into the future. For example, he supported legislation capping monthly copayments for insulin products at $35 per month for Medicare beneficiaries which took effect beginning in 2023.
More on Senior Citizens
| Fort Benning, GA – Rep. Sanford D. Bishop, Jr. (GA-02) joined distinguished members of the military today at Fort Benning to break ground on the new Martin Army Community Hospital. Rep. Bishop took part in the ceremony with Colonel Koji Nishimura, the commander of Martin Army Community Hospital; Lieutenant General Eric Schoomaker, the Surgeon General of the Army; Brigadier General Joseph Caravalho, the Commander of the Southern Regional Command; and Mr. Shannon Hines, the Vice President of Turner Construction. |
| WASHINGTON – Rep. Sanford D. Bishop, Jr. (GA-02) today released the following statement after the House of Representatives passed a partisan budget by a vote of 235 to 193. "The nation's budget is a statement about our priorities and our values. With the country at a crossroad, we have to make very difficult choices about how we reduce our deficit and bring down our debt. I voted against the Republican budget because it makes the wrong choices, and fails to sufficiently reduce the deficit, grow the economy or create jobs. |
As a nation, we tend to focus primarily on the service members who willingly put themselves in harm's way to protect the freedoms that we cherish. However, we often forget that the families they leave behind sacrifice just as much as our heroes do. These families are affected in countless ways, and we have an obligation to do right by them.
Washington, DC – Congressman Sanford D. Bishop, Jr. (GA-2), Ranking Member of the Military Construction, Veterans Affairs and Related Agencies Appropriations Subcommittee, today sent a letter to Veterans Affairs (VA) Secretary, Erik Shinseki, outlining his priorities for improving the performance of the VA, and providing the troops, veterans and their families with the resources they deserve. Subcommittee Chairman John Culberson (R-TX) joined Rep. Bishop in sending the letter to Secretary Shinseki, as part of the subcommittee’s preparation for hearings later this year.
| Washington, DC – The Military Coalition, a consortium of over 30 uniformed services and veterans associations representing more than 5.5 million current and former service members, their families, and survivors has announced their strong support and full endorsement of H.R. 333, the Disabled Veterans Tax Termination Act. Rep. Sanford D. Bishop, Jr. (GA-2), the Ranking Member of the House Appropriations Subcommittee on Military Construction and Veteran Affairs introduced H.R. |
| Washington, DC – Congressman Sanford D. Bishop, Jr. (GA-2), Ranking Member of the House Appropriations Subcommittee on Military Construction and Veteran Affairs, announced today his introduction of H.R. 333, the Disabled Veterans Tax Termination Act. This legislation will end finally the current policy that wrongfully prevents disabled veterans from receiving the full amount of compensation earned by them through their service and sacrifice to our country. H.R. 333 has 72 original co-sponsors. |
Washington, D.C. – I applaud the bipartisan agreement on much-needed tax relief for all Americans. Now is not the time to raise taxes on any segment of the population while the economy remains so fragile. Raising taxes would stifle investment, impede job creation, and put severe financial strain on businesses and individuals.
Washington, D.C. – I agree that the extension of middle income tax cuts is vital to the economic health of our nation, and I proudly support providing this much needed relief. Over 75% of American workers are living paycheck-to-paycheck, and they simply cannot afford the burden of new taxes. Furthermore, many of our nation’s seniors are on fixed incomes consisting of Social Security payments, supplemented by dividend and capital gains income. This measure will help ensure that seniors can make ends meet in this challenging economic environment.
Washington, DC – Congressman Sanford D. Bishop, Jr. (GA-2) today announced his support for legislation to provide Social Security recipients with a one-time $250 payment. The legislation (H.R. 5987, the Seniors Protection Act) had been drafted in anticipation of the Social Security Administration’s announcement today that there will be no automatic Cost-of-Living-Adjustment (COLA) for 2011.
By Larry Gierer
Wednesday, June 30, 2010
It was announced today by Congressman Sanford D. Bishop that Neighborworks Columbus has been awarded an $87,750 grant.
"Recently, we have see tough economic times, and the grant for Neighborworks Columbus is great news for our community," said Bishop. "I have worked very hard to ensure this grant for Columbus and I look forward to seeing the improvements that will soon be made towards addressing the housing needs of Columbus."