Obama Pushes For Adjustment In Social Security

By: Associated Press
By: Associated Press

WASHINGTON -- The White House says President Barack Obama is pushing Congress to provide Social Security recipients an extra $250 payment.
House Speaker Nancy Pelosi has said the House will take up such a bill in November, after congressional elections.
The move follows news that there will be no increase in Social Security benefits next year. The Social Security Administration says inflation has been too low to warrant an increase for 2011. It's the second year in a row without one.
If the House passes the $250 payments, the bill will still have to go through the Senate, where it's likely to face opposition. The Senate defeated a similar proposal last fall, with a dozen Democrats joining Republicans to block the measure.
The cost-of-living adjustments are set automatically each year by an inflation measure adopted by Congress back in the 1970s.
Nearly 59 million retirees and disabled Americans receive Social Security or Supplemental Security Income.

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  • by Anonymous on Oct 18, 2010 at 01:29 PM
    Like this $250.00 is going to make a difference, The Feds have been stealing SS money since back in the 60's or early 70's. You cann't blame one party or the other they are both at fault. Yep stealing is the word I used as that is what they are doing. It's our money out of our paychecks, and they are taken and spent every penny they could get their claws on. But they are trying to cheat the people who paid it in out of their money. Nice going to all Politians in Washington...
  • by Anonymous on Oct 17, 2010 at 11:54 AM
    He only pushes things that are false promises.
  • by david Location: charlotte on Oct 16, 2010 at 06:42 AM
    remember whos in power in both the congress and senet who wants your vote im talking to seniors who blames rebs. for raiding ss and yet for two years pepol who draw ss havnt had and increase and then obama has the gall to say well give you 250$ who are you going to vote for in nov. pepol that raid your ss or pepol that think that gov. should live within their means this should be a red flag to whoever draws ss heres a little nugget that i think in going to help you make up your mind did you know that congressmen and senators are using 24,000,000$ of ss money to build an electronic med. records processing for them selfs so when nov. comes think of what dems and rebs have done for you and vote
  • by Leah on Oct 15, 2010 at 11:00 AM
    I work, and I will within the next few months start drawing SS. I will continue to work, I can not afford not to. I haven't had a raise in over 4 years. Social Security is going to pay off the bills and go into savings. But figure $1400.00 a month SS then take taxes and medicare out of it, you are now down below $1,000.00 a month to live on. Thats to pay all the bills, buy groceries, medicine etc. But us old folks are rich, non productive, and should just go away. Hell with the idea that we have worked 40 or more years, fought in wars, raised families, did what was right, we are now just old, and who cares. Not any of the politicians!
  • by Sans on Oct 15, 2010 at 10:52 AM
    I start drawing next year. It's a darn good thing I plan on working to 70. No cost of living raise, and yet utilities have gone up, food has gone up, property taxes went up, but the cost of living didn't... I find that really hard to believe. $250.00 isn't even a good size band-aid on the money seniors are being forced to spend. Cost of Medicare just went up for anyone who just turned or will be turning 65. But the cost of living didn't go up. Maybe if the rest of us had all the money the politicans seem to have we wouldn't worry about the non existant cost of living raise. I think the whole thing stinks!
  • by bob Location: michigan on Oct 15, 2010 at 09:54 AM
    WERE WAS HE LAST YEAR NO pushes than so again WE lose he does not care about old people...
  • by Anonymous on Oct 15, 2010 at 09:40 AM
    Show us the real number on SS and SSI. It will show you who is mooching off the government. Yes everyone expenses has gone up, but I cant go to my employer and ask for a pay increase.
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