Skip to comments.Democrats to push for $250 Social Security payment
Posted on 11/13/2010 8:50:33 AM PST by FromLori
NEW YORK (CNNMoney.com) -- When House Democrats return to Washington on Monday, a top priority will be putting a $250 dollar check in the mail to 58 million Social Security recipients.
Democrats plan to vote early in the lame-duck session on a bill that would provide Social Security recipients with a one-time payment, according to the office of Earl Pomeroy, a Democrat from North Dakota who authored the legislation.
The bill -- with a total cost of roughly $14 billion -- is designed to make up for another year without an increase in Social Security benefits.
In October, the federal government announced that Social Security beneficiaries will see no increase in their benefit checks in 2011. That will mark the second year in a row with no increase.
(Excerpt) Read more at money.cnn.com ...
That won’t even buy a month’s worth of groceries. Last time I didn’t get one....so not all will receive it.
Is NObama using some of the $20 BILLION he extorted from BP????
WHERE is that money???
“I think the $250 is a good idea.”
Because of the inflation caused by the intentional devaluation of the dollar and other policy measures by this administration. It will help those on Social Security who have not had a rate increase in two years to somewhat keep up with inflation but of course it will not be 100%.
Boy, that’s too bad. Mine was reduced by $285.96.
|Effective COLA after Medicare Premium|
By selling more free cheese, of course!
I want a check too!....those SS recipients at least have a check coming in and Iknow some on “disability” that are simply lazy arced schemers....they don’t need the money.