President Obama wants $250 payments to seniors, veterans and the disabled since there will be to make up for the lack of a Social Security cost of living allowance (COLA) this year.
President Obama's made this comment on the proposed Economic Recovery Payment:
"Even as we seek to bring about recovery, we must act on behalf of those hardest hit by this recession. That is why I am announcing my support for an additional $250 in emergency recovery assistance to seniors, veterans, and people with disabilities to help them make it through these difficult times. These payments will provide aid to more than 50 million people in the coming year . . .
I want to compliment all the members of Congress who have been working to address these challenges, especially Senators Reid, Baucus, Sanders, and Lincoln, Speaker Pelosi, and Representatives Rangel, McCarthy, and DeFazio."
President Obama's made this comment on the proposed Economic Recovery Payment:
"Even as we seek to bring about recovery, we must act on behalf of those hardest hit by this recession. That is why I am announcing my support for an additional $250 in emergency recovery assistance to seniors, veterans, and people with disabilities to help them make it through these difficult times. These payments will provide aid to more than 50 million people in the coming year . . .
I want to compliment all the members of Congress who have been working to address these challenges, especially Senators Reid, Baucus, Sanders, and Lincoln, Speaker Pelosi, and Representatives Rangel, McCarthy, and DeFazio."
source: http://www.politico.com/politico44/perm/1009/250_payments_4c01a09f-74f6-458d-ba43-a39d167a2575.html
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