WASHINGTON (AP) - The Obama administration is finding some support for its plans to give Social Security recipients extra spending money, after word that their checks will flat line from this year to next.
The government this morning announced there'll be no cost of living increase in the 2010 checks because of negative inflation.
Social Security Commissioner Michael Astrue says his agency is "doing its job" to maintain recipients' standard of living. But, he says "In light of the human need," Social Security needs to support President Barack Obama's efforts to offer an extra $250 to seniors, veterans and other Americans.
Obama's proposal has also picked up support from a bipartisan mix of key members of Congress and seniors groups.
Republican Sen. Judd Gregg, however, calls the payments "inappropriate."
Some argue that the payments are needed because seniors spend a large chunk of money on health care costs, which rise faster than consumer prices.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
Web Search powered by YAHOO!
|
NewsNews
Obama proposal to supplment SS payments picks up support
Obama pushing for $250 dollar supplement for senior citizens (Added: October 15, 2009)
Video from your local news source. (more)
WASHINGTON (AP) - The Obama administration is finding some support for its plans to give Social Security recipients extra spending money, after word that their checks will flat line from this year to next.
By:
|
WNCT
Published: October 15, 2009
Published: October 15, 2009
Email
Facebook
Google
Twitter
Favorites
MoreAdvertisement
View More:
Associated Press,
Barack Obama,
Business_Finance,
Congress,
Judd Gregg,
Michael Astrue,
Obama Administration,
Politics,
President,
Social Issues,
Social Security Commissioner,
Usd,
Washington
Not what you're looking for? Try our quick search:
Reader Comments
*Facebook Account Required to Comment. If you are not already logged into Facebook, please click the comment button to do so.Deal of the Day
Advertisement
Interactive Radar
Advertisement
Featured Blogger
Reel Reviews
Updated: 02/10/2012
Nine On Your Side's Phillip Sayblack shares his take on the latest movie and dvd releases.
More Posts by Reel Reviews
Hot Topics on WNCT.com
Advertisement
Advertisement