Mortgage News
Obama proposes $250 payments for seniors
| Shared by Niicss on Thu Oct 15, 2009 3:44 am | |
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In an attempt to help senior citizens, Obama has proposed $250 payments to more than 50 million seniors. This proposal comes up at a time when it has been declared that the social security income would not increase next year. As per the proposal, $250 will also be given to those who are receiving the disability benefits and veteran benefits. Also, the railroad retirees and retired public employees who don't receive social security will receive this payment. However, recipients would be limited to one payment. Source: http://news.yahoo.com/s/ap/20091014/ap_on_go_pr_wh/us_social_security_obama |
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