stimulus
« Previous EntriesIt’s Official…Zero Social Security COLA Next Year
Thursday, October 15th, 2009As expected, the Social Security Administration announced a zero cost of living adjustment for Social Security beneficiaries in 2010. This is from the SSA’s news release : “With consumer prices down over the past year, monthly Social Security and Supplemental Security Income benefits for more than 57 million Americans will not automatically increase in 2010. This [...]
Recovery Payments Go to Seniors in May
Thursday, March 26th, 2009News from the Social Security Administration today: Vice President Joe Biden and Michael J. Astrue, Commissioner of Social Security, announced today that the federal government will send out $250 economic recovery payments to people who receive Social Security and Supplemental Security Income (SSI) benefits beginning in early May 2009 and continuing throughout the month. No [...]
Stimulus Payment Information for Seniors
Tuesday, March 3rd, 2009The Social Security Administration has provided information on how stimulus payments will come to seniors. According to SSA’s website: This act provides for the one-time payment of $250 to individuals who get Supplemental Security Income (SSI) or Social Security benefits. We expect everyone who is entitled to a payment to receive it by late [...]
Stimulus Compromise, Seniors, and Social Security
Thursday, February 12th, 2009At $789 billion, the Economic Recovery compromise bill is actually less expensive than either the House or Senate’s original versions; however, funding for the Social Security Administration and stimulus for seniors survived the trimming. The Associated Press has a summary of key details. Following are some highlights affecting America’s seniors: One-time payments to seniors, disabled [...]
What Senate Stimulus Means for Seniors
Tuesday, February 10th, 2009Social Security News provides a nice summary of the SSA provisions in the Senate’s economic recovery plan. “Senate compromise on the Obama economic stimulus package (see lines 461-464) does not change the amount going to the Social Security Administration from the bill that was reported to the Senate floor. The amount is still $893 million [...]
Seniors and Stimulus…Redux
Friday, February 6th, 2009OK…so “tweak” (from our last post) is clearly not even close to the right word to describe what’s happening in the Senate on the economic recovery plan. In truth, conservatives are now hoping to eviscerate this plan while a small group of moderates are searching for a reported $80-$100 billion to cut out of it. [...]
Stimulus and Seniors
Thursday, February 5th, 2009The Senate got it right on stimulus. The Senate stimulus plan would provide a one-time $300 payment to Social Security recipients, including disabled and older veterans and Supplemental Security Income (SSI) beneficiaries.
“Let’s Make a Deal” Politics Trades Social Security for Stimulus
Monday, January 12th, 2009Anti-entitlement members of Congress want President-elect Obama to make a deal to gain their support for a desperately needed stimulus package. It’s a political quid-pro-quo that would trade away long-term benefits for generations of seniors, survivors, the disabled and their families for a short-term economic recovery package desperately needed to reverse the damage of eight years [...]
Stimulus vs. Safety net is a False Choice
Thursday, January 8th, 2009We here at the National Committee congratulate the new Congress and President-elect Obama for making economic recovery an immediate priority. Skyrocketing medical bills, shrinking savings and plummeting home values have hit retirees, living on fixed incomes, especially hard. For many, Social Security and Medicare have provided their only stable economic security during these tough times. [...]
Social Security Hodge Podge
Tuesday, April 22nd, 2008There are a number of Social Security items of note today…first this Wall Street Journal article regarding “payday lenders” and continuing attempts to take advantage of seniors who receive direct deposit payments from Social Security each month. The WSJ reports: “Social Security recipients with direct deposit can effectively use future benefits as collateral for short-term, [...]
« Previous Entries