The Huffington Post is reporting that the Social Security Administration has informed Congressional aides that there will be no cost of living adjustment (COLA) this year. The official announcement is said to be coming on October 15. The Chairman of the House Social Security Subcommittee, Earl Pomeroy, has been working on a plan to give Social Security recipients a one time check for $250 each if there is no COLA this year. The Huffington Post says that a staff aide told them that "discussions" are still ongoing on this proposal. It seems to me that if it were going to happen, that it would have happened before Congress went into recess.
5 comments:
Of course there is no money for SS COLAs. Phony disability claimants and their dishonest attorneys and doctors are bleeding the trust fund dry!
That's right! It couldn't possibly have anything to do with the CPI.
That also means no COLA for fed retirees, ignoring the reality that their school and property taxes increase yearly.
How about a civilian pay freeze? Everyone should sacrifice.
A#4--Everyone should sacrfice? EVERYONE??? Pete Peterson, the Koch brothers, the Chamber of Commerce (freedom of speech is expensive)--all of these people/corporate persons? Right. Nancy Ortiz
Post a Comment