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Politics : Sioux Nation
DJT 14.40+2.8%Jan 9 9:30 AM EST
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To: Skywatcher who wrote (201415)12/8/2010 7:30:06 PM
From: Karen Lawrence  Read Replies (5) of 362176
 
The GOP is CRAP

2. Seniors and retirees got slammed. Most of their incomes are too low to
benefit from the tax breaks but the added national debt sinks the value of
their bonds and stops their Social Security cost of living increases at a
time when their medical costs are skyrocketing [US News & World Report].

GOP blocks legislation to award seniors $250<
AP


WASHINGTON – House and Senate Republicans on Wednesday thwarted Democratic efforts to award $250 checks to Social Security recipients facing a second consecutive year without a cost-of-living increase.

President Barack Obama and Democrats have urged approval of the one-time payment, saying seniors barely getting by on their Social Security checks face undue hardships without the COLA increase.

But most Republicans contended that the nation couldn't afford the estimated $14 billion cost of the payment, and that the COLA freezes in 2010 and 2011 come after seniors received a significant boost in 2009.

news.yahoo.com
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