Retirees Angered by Congressional Defeat of Help for Social Security Recipients
Amidst Talk of Tax Cuts for the Rich, Republicans Block Help for Struggling Seniors
For Immediate Release
The following statement was issued today by Edward F. Coyle, Executive Director of the Alliance for Retired Americans, in response to the defeat of bills in both the U.S House and Senate to provide a one-time $250 payment to seniors.
“In a week defined by tax cuts for millionaires, retirees are stunned and outraged that Congress would reject a one-time $250 payment to seniors who, for the second year in a row, have been denied a Cost-of-Living Adjustment (COLA) by an arcane and outdated federal statistical formula.
“This legislation is critical to retirees, but unfortunately, congressional Republicans overwhelmingly chose to oppose it. While Democrats continue to protect Social Security, Republicans continue to advocate risky schemes to privatize it and cut benefits. America’s seniors deserve better.
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