Navigation Links
Economic Stimulus Package Offers Little Help to Seniors in Poverty
Date:1/28/2009

Workers Making $75,000 Would Get $500 in Relief; Seniors with Average Social Security Income of $13,836 Would Get Just $300

WASHINGTON, Jan. 28 /PRNewswire-USNewswire/ -- The U.S. Senate version of the economic stimulus package would provide Social Security recipients and disabled veterans a one-time extra payment of $300.

The Senior Citizens League (TSCL) supports the $300 payment to seniors, but maintains that amount is insufficient to truly help the nation's poorest seniors. The average Social Security beneficiary receives just $13,836 per year, and more than 10 percent of seniors live below the poverty line.

TSCL is advocating for as much as $1,000 in relief for the nation's poorest seniors - the same amount couples earning up to $150,000 per year would receive.

A recent study released by TSCL found that seniors lost 51 percent of their buying power since 2000, a result of costs increasing more rapidly than the Social Security Cost of Living Adjustment.

"It's difficult to understand why the Senate would give the least money to the most vulnerable group in our economy," said Daniel O'Connell, chairman of The Senior Citizens League. "It seems clear that seniors - especially those barely getting by - are precisely the people that will stimulate the economy by spending their stimulus checks."

"We receive phone calls from seniors every day who are having a tough time paying for their prescriptions, groceries, and rent - these are the very people who need the stimulus most," said Shannon Benton, executive director of TSCL.

TSCL is concerned with one part of the Senate proposal: since workers would not pay a portion of their Social Security taxes, the Social Security Trust Fund would go into deficit spending as soon as 2010. TSCL encourages lawmakers to take the money required for this tax relief from the general treasury rather than the T
'/>"/>

SOURCE The Senior Citizens League
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Borosage Urges Progressives to Rally Around Obama Economic Recovery Plan
2. Congressional Leaders Can Look to Indiana for Innovative Approach to Health IT in Economic Stimulus Package
3. Family Planning Provision Wrongfully Removed From Economic Stimulus Package
4. Consumer Watchdog Calls on Google to Cease Lobbying Effort to Allow Sale of Patient Medical Records; Urges Congress to Adopt Privacy Protections in Economic Stimulus Bill
5. Providence Service Corporation Provides The Center on Budget and Policy Priorities Preliminary Analysis of Potential Medicaid Assistance for States in the House Economic Recovery Package
6. AMDL, Inc. Chairman & CEO Announces Expert Opinion on Chinas Economic Forecast
7. KPMG and Trintech Collaborate to Enable Bay Area Users Group of Trintech Customers to Optimize Their Investments in Technology and Deliver Improved Performance in Turbulent Economic Times
8. Economic Stimulus Bill Mandates Electronic Health Records for Every Citizen without Opt-out or Patient Consent Provisions
9. OrthoSynetics(TM) Same Practice New Contracts and Consults Growing Despite Economic Downturn
10. Technology Leaders Call on Congress to Support Investments in Digital Infrastructure as Part of Economic Stimulus and Recovery Plan
11. AHCA/Alliance Detail Components of Long Term Care Economic Recovery, Jobs Plan
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/1/2015)... ... September 01, 2015 , ... ... prevent different malignancies. Some options for cancer treatment are available belonging to ... distinctive approach is necessary for effective treatment. Several molecules have been discovered ...
(Date:9/1/2015)... ... September 01, 2015 , ... Virginia entrepreneur Marcella Ellis, ... strongly maintaining her firm’s success in the hair care and distribution industry through ... tour, Ellis will be providing “Look and learn” live demonstrations, as well as ...
(Date:9/1/2015)... , ... September 01, 2015 , ... ... monitoring and analysis of pet vital signs and activity, today announced its integration ... of the most popular and widely-adopted veterinary hospital Practice Management Software packages in ...
(Date:9/1/2015)... ... September 01, 2015 , ... Zecurion, a leading developer of data loss ... version of endpoint DLP developed specifically for Mac OS. , In June 2015, the ... IT and information security professionals had participated. The beta test done by the developer ...
(Date:9/1/2015)... ... 2015 , ... SC&H Group, a leading audit, tax, and consulting firm, received ... the Best” firm in the U.S., as well as being ranked a Top 100 ... the U.S., selected exclusively on performance in specific areas of financial and operational management. ...
Breaking Medicine News(10 mins):Health News:CD Antigen Cancer Market and Pipeline Landscape Examined in Comprehensive Kuick Research Report Published at MarketPublishers.com 2Health News:CD Antigen Cancer Market and Pipeline Landscape Examined in Comprehensive Kuick Research Report Published at MarketPublishers.com 3Health News:Beauty Entrepreneur creates hair extension smart machine and mobile app inspired by UBER technology 2Health News:Petpace-Cornerstone Integration Lowers Overhead, Raises Data Visibility for Veterinary Practices 2Health News:Zecurion Announces Endpoint Security for Mac 2Health News:SC&H Group Receives Multiple Honors from INSIDE Public Accounting 2
... approved a gel that promises less internal scarring ... initially rejected Lifecore Biomedical Inc.'s Intergel, which promises ... // ,The gel, formally named Gynecare ... adhesions, internal scar tissue that can cause chronic ...
... protein released by damaged heart tissue may be a helpful ... Performing heart bypass surgery or angioplasty on patients with elevated ... estimated 40 percent. ,// ,"Any sign of heart ... amount, was a sign that the patient was at high ...
... and aspirin are equally effective in stroke prevention in the ... stopping platelets from clumping together, while warfarin acts on the ... help prevent blood clots in the brain that lead to ... more effective at preventing stroke, but causes more side effects ...
... similar impact on the body to the ageing process ... such as heart disease and diabetes, researchers have found. ... asleep per night in more developed countries has decreased ... been made to accommodate increased demands of work and ...
... the first time, the US Food and Drug Administration (FDA) ... Evra, made by New Jersey-based Johnson & Johnson, is a ... to be an alternative to birth control pills. // ... a 1-week period. Ortho Evra can be worn on the ...
... have recently found a way of creating brain cells out ... grafts for Parkinson's disease. At the Peterson Medical College scientists ... cocktail of growth factors and other chemicals and found they ... such stem cells form muscle, bone, cartilage and fat. The ...
Cached Medicine News:Health News:Deprived sleep leads to ageing 2
(Date:9/1/2015)... , Sept. 1, 2015  Valeant Pharmaceuticals International, ... today announced that its affiliate has entered into ... was granted an exclusive license to develop and ... IL-17 receptor monoclonal antibody in development for patients ... the agreement, Valeant will hold the exclusive rights ...
(Date:8/31/2015)... , Aug. 31, 2015 Pepperl+Fuchs, a ... acquired MACTek Corporation, a leading provider of HART ... strategy to further extend its integrated solutions offerings ...   "We are pleased to add ... portfolio," said Jim Bolin , Pepperl+Fuchs, executive ...
(Date:8/31/2015)... , Aug. 31, 2015 Thousands of people ... neglect of the opioid addiction epidemic at dozens of ... term in 2008, the United States ... addiction involving prescription opioids and heroin, yet the President ... a strongly worded letter to President Obama , ...
Breaking Medicine Technology:Valeant And AstraZeneca To Partner On Brodalumab 2Valeant And AstraZeneca To Partner On Brodalumab 3Valeant And AstraZeneca To Partner On Brodalumab 4Obama Administration's Neglect of Opioid Crisis Prompts Rallies in Many States 2
... Sept. 7 Epeius Biotechnologies Corporation, a leader in ... publication of a landmark paper in clinical oncology. Following ... of Rexin-G in chemo-resistant metastatic pancreatic cancer ( Molecular ... Drug and FDA Fast Track Status, this new paper ...
... India, Sept. 7 Sun Pharmaceutical Industries Ltd. (Sun) ... today announced that the Supreme Court of Israel has ... (Taro) (Pink Sheets: TAROF ) of the ... the Israeli special tender offer (STO) rules do not ...
Cached Medicine Technology:To Reach, Perchance to Kill the Cancer: A Soliloquy From Epeius Nanotechnologies Opposes That 'Sea of Troubles' 2Supreme Court of Israel Rules in Favor of Sun Pharma 2Supreme Court of Israel Rules in Favor of Sun Pharma 3
Delicate Desmarres lid retractors, round serrated handle, very thin blades, polished finish, size 1....
Desmarres Lid Retractor thin solid blades. Size 2....
The Storz Protege is an anterior segment unit only....
... all the features of phaco systems costing ... minimal maintenance. Small, light and tough enough ... Lowest cost reusable tubing kit can be ... there a price objection to purchasing a ...
Medicine Products: