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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