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Monday, December 13, 2010

House bill to give seniors $250 is defeated - Social Security News - AARP Bulletin



By JIM ABRAMS
WASHINGTON, Dec. 8, 2010 (AP Online delivered by Newstex) -- The House has rejected a Democratic effort to pay Social Security recipients $250 to make up for the lack of a cost-of-living increase for next year.
Democrats argued that the payment was needed to offset the hardships of seniors facing a second consecutive year without an increase.
But Republicans contended that the nation couldn't afford the estimated $14 billion cost of the one-time payment, and that the two-year freeze comes after seniors received a significant boost in 2009.

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