Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Lawmakers Propose One-Time $250 Payment for Seniors
(July 30, 2010)
A new bill in Congress would provide a one-time $250 payment to senior citizens, veterans and the disabled in the event that no Social Security cost-of-living adjustment is payable in 2011.
House Ways and Means Social Security Subcommittee Chairman Earl Pomeroy, D-N.D., introduced the Seniors Protection Act of 2010 on Friday. The bill would assist 57 million American seniors, retired and disabled veterans, and disabled individuals with a one-time $250 payment in the event that no inflation adjustment is announced this fall.
And the $250 is alot for the rest of us that have to come up with it.... to tranfer my money (and my 13y sons) to them. Because we the taxpayer will be paying for it for the next ? yrs 250+intrest in National debt.
And the $250 is alot for the rest of us that have to come up with it.... to tranfer my money (and my 13y sons) to them. Because we the taxpayer will be paying for it for the next ? yrs 250+intrest in National debt.
The federal government will tax you anyway.
If the $250 doesn't go to the old and infirm,
the feds will send it on something else.
Location: Finally escaped The People's Republic of California
11,314 posts, read 8,655,159 times
Reputation: 6391
First off, the $250.00 is nice but over the long run a COLA would have been better...Just take the salary cap off of SS and all the problems are solved, or at least raise it from 100k to 999K......
Remember, everyone drawing Social Security retirement benefits got a $250 stimulus payment in 2009. An identical payment for 2010 was voted down by Congress. So here we go again with this same wastefulness.
Why do I call it wastefulness? Because it goes to all Social Security beneficiaries, which include many who do not need it at all. At the very least it should be means-tested.
I was angry when I received my payment in 2009 - angry at the waste. (And no, there is no provision for refusing it or sending it back.) On the advice of a wise friend, I used that money to buy groceries for four needy families.
The business of the COLA or no COLA sure does raise the issue of the entitlement mentality. It was incredible to hear the seniors on the AARP website moaning and belly-aching about "their" COLA being stolen by the government, or by Obama (who had nothing to do with it). They were so used to getting a COLA every year that they were convinced someone was screwing them over big-time. (Sure, I, too, feel sorry for people who are reduced to surviving on Soc. Sec. alone, but there is such a thing as seeing the big picture, i.e., who is going to pay for it.)
Location: Finally escaped The People's Republic of California
11,314 posts, read 8,655,159 times
Reputation: 6391
Quote:
Originally Posted by mccarley
The US is sending tons of money to Pakistan to help people that hate us. Give it to us blue hairs.
BEST POST EVER......
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Here we go again with the wastefulness!
