$250: Obama Payoff to Seniors?
Democrats make pre-election pitch to help seniors
WASHINGTON (AP) — Democrats are making a pre-election pitch to give Social Security recipients a one-time payment of $250, part of a larger effort to convince senior voters that their party, and not Republicans, will best look out for the 58 million people who get the government retirement and disability benefits.
The $250 check is meant to make up for a second year without a cost-of-living increase due to low inflation.
President Barack Obama has urged Congress to approve the $250 payment. House and Senate Democratic leaders Nancy Pelosi and Harry Reid say they will bring up the legislation when lawmakers return for the lame-duck session in November. In the meantime, Democrats are using the proposal to augment their campaign pitch that Republicans would undermine Social Security.
"Instead of helping seniors," Pelosi's office said, "Republicans, backed by their allies on Wall Street, are threatening to privatize and cut Social Security, just as they tried to do under President Bush."
WASHINGTON (AP) — Democrats are making a pre-election pitch to give Social Security recipients a one-time payment of $250, part of a larger effort to convince senior voters that their party, and not Republicans, will best look out for the 58 million people who get the government retirement and disability benefits.
The $250 check is meant to make up for a second year without a cost-of-living increase due to low inflation.
President Barack Obama has urged Congress to approve the $250 payment. House and Senate Democratic leaders Nancy Pelosi and Harry Reid say they will bring up the legislation when lawmakers return for the lame-duck session in November. In the meantime, Democrats are using the proposal to augment their campaign pitch that Republicans would undermine Social Security.
"Instead of helping seniors," Pelosi's office said, "Republicans, backed by their allies on Wall Street, are threatening to privatize and cut Social Security, just as they tried to do under President Bush."
posted by BP News Bureau | 10:00 AM
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