Obama proposes $250 stimulus checks for seniors

The White House has announced a new program to help seniors next year. In lieu of a cost-of-living increase in their monthly Social Security checks, the Obama Administration has asked that $250 checks be sent out to curb the soon to be outcry.

For the first time in years seniors will not get a cost-of-living increase inserted into the monthly checks. Last year the Bush Administration doled out a 5.8 percent increase to Social Security checks.

Responding to concern that is sure to cause hardship, the President has decided to address the issue head on. “Even as we seek to bring about recovery, we must act on behalf of those hardest hit by this recession,” Obama stated. Keep reading

This entry was posted on 15. October 2009 at 04:01 and is filed under stimulus, senior citizens, Blogroll. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.

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