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Re: Elizabeth Warren proposes one-time $580 raise for Social Security recipients

By: DGpeddler in FFFT3 | Recommend this post (0)
Sat, 07 Nov 15 8:54 PM | 90 view(s)
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Msg. 16657 of 65535
(This msg. is a reply to 16654 by clo)

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Social Security is broke. The money
was handed out by Congress for
'free stuff'. Never mind that
working people funded it.




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The above is a reply to the following message:
Elizabeth Warren proposes one-time $580 raise for Social Security recipients
By: clo
in FFFT3
Sat, 07 Nov 15 5:57 PM
Msg. 16654 of 65535

Brilliant!

Elizabeth Warren proposes one-time $580 raise for Social Security recipients
The 3.9 percent increase would be the same as top CEOs got

last year. NOVEMBER 5, 2015 | 8:06 PM
BY NIK DECOSTA-KLIPA @NIKDECOSTAKLIPA

The payment would equate to a 3.9 increase in Social Security payments—the same rate of increase that CEOs at the top 350 U.S. firms got in 2014.

The bill is co-sponsored by 18 other Senate Democrats, including Massachusetts junior Sen. Edward Markey and Vermont Sen. Bernie Sanders.

Next year will be just the third time since the cost-of-living adjustment went into effect in 1975 that recipients will not get the annual raise, which adjusts the amount Social Security pays out to account for inflation. However, largely due to decreased gas prices, inflation (as measured by the Social Security Administration) actually declined this year.

more:
http://www.boston.com/news/local/massachusetts/2015/11/05/elizabeth-warren-proposes-one-time-raise-for-social-security-recipients/J9lb4iTVpEG6VltKc7zdyM/story.html


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