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Let's lay the blame where it belongs - on the repub part of NO. Sen. Bernie Sanders announced yesterday that he will press for passage when Congress returns in November of a one-time, $250 payment to seniors and disabled persons facing the second straight year without a cost-of-living adjustment for Social Security. The average social security runs about $1,070 per month. Based on that, a $250 one time check would be about $5.00 under the normal increase per month.
Clip:
President Obama earlier this year supported a Sanders amendment to provide a $250 payment in lieu of a cost-of-living raise for Social Security recipients and disabled veterans. The proposal was defeated on March 3, when only one Republican voted to allow the amendment to be considered. Sanders to Propose Social Security COLA - Newsroom: U.S. Senator Bernie Sanders (Vermont)
They fail to mention that the average SS recipient is also paying for Medicare out of the their SS. That average $1,070 is further reduced by the monthly premium payment to Medicare -- a premium which increases annually. The $1,070 gross SS benefit recipient is actually receiving under $975 a month after the government extracts Medicare from it.
As an example -- monthly Medicare Part B premiums were $88.50 in 2006, $93.50 in 2007, and rose to $96.40 in 2008. Things were tweaked in 2010 so that some people are paying $110.50 a month. Don't forget that they also have to meet a deductible each year as well. The 2010 deductible was $155.
The one time $250 check makes up for the Medicare increase and leaves granny a couple of extra dollars for a tube of Polydent.
[quote=High_Plains_Retired;16237442]Several American presidents have wanted to try and repair FDR's Ponzi scheme but only after it had become the electrified "3rd rail." The American political system has become two cats fighting in the middle of a busy freeway. We should cut our loses on SS and bury it in FDR's grave.
BTW, I have paid enough into SS to qualify but they took it away from me years ago.[/quote]
I'd like to know how the government could take away your Social Security when you are qualified and paid into the system with enough years. Never heard of that. Please post an explanation.
I think he knows. Do you? No Cost of Living Adjustment for SS recipients TWO YEARS running under the dems. Perfect timing for Nov.
Ummmm...lemme see if I can explain this again: There is no cost of living increase because....ready for it? THERE HAS BEEN NO RISE IN THE COST OF LIVING!
No inflation; no COLA. It's a pretty simple concept to grasp.
Ummmm...lemme see if I can explain this again: There is no cost of living increase because....ready for it? THERE HAS BEEN NO RISE IN THE COST OF LIVING!
No inflation; no COLA. It's a pretty simple concept to grasp.
It's simple for most to comprehend, however ...... Your response is great. It's like the old joke, "How do you sell a duck to someone hard of hearing? YOU WANT TO BUY A DUCK?".
it's simple for most to comprehend, however ...... Your response is great. It's like the old joke, "how do you sell a duck to someone hard of hearing? you want to buy a duck?".
:d:d:d
(Those are supposed to be smiley emoticons. I don't know why they came out like that.)
With disability it would be maybe 20 bucks. Which would certainly help in paying for the increased cost of food. Which certainly has gone up considerably.
In this state I'm eligable for food stamps. I haven't applied since I didn't need to. But I'm spending a hundred more than two years ago a month, which is a HUGE chunk of my income. So I have. Too bad for the states where recipents are not eligable and its figured in in cash. Food bank anyone?
you can say that again. For those who say "write to your congress person" we tried last year. Actually our congressman did answer, but neither senator did. It is so nice to live in a state with 2 Democrat senators.
We are so thankful for a few investments, a couple of part time jobs and a relatively small house payment. Otherwise we would be at the food bank weekly. Luckily we just work at the bank right now.
Ummmm...lemme see if I can explain this again: There is no cost of living increase because....ready for it? THERE HAS BEEN NO RISE IN THE COST OF LIVING!
No inflation; no COLA. It's a pretty simple concept to grasp.
We get that, smarty. But congress still got their raises? (you can call it whateva you want). I notice you never replied to HappyTexan's post:
Quote:
Originally Posted by HappyTexan
That was signed 5/2010.
I posted about 2008/2009. Congress gets an automatic raise unless they vote it out which they didn't.
2008 they got $4100/month.
2009 they got $4700/month.
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But congress still got their raises? (you can call it whateva you want). I notice you never replied to HappyTexan's post:
