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 Trust Fund.

With 1.2 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups. The Senior Citizens League is a proud affiliate of The Retired Enlisted Association. Visit www.SeniorsLeague.org for more information.


'/>"/>
SOURCE The Senior Citizens League
Copyright©2009 PR Newswire.
All rights reserved

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:6/27/2016)... ... , ... TherapySites, the leading website and online ... Counseling Association. This new relationship allows TherapySites to continue to extend their ... benefits and promotional offers. , "TCA is extremely excited about this new partnership, ...
(Date:6/26/2016)... ... June 26, 2016 , ... On June 10-11, 2016, ... the 2016 Cereal Festival and World’s Longest Breakfast Table in Battle Creek, MI, where ... city’s history as home to some of the world’s leading providers of cereal and ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... ... health policy issues and applications at AcademyHealth’s Annual Research Meeting June 26-28, 2016, ... work on several important health care topics including advance care planning, healthcare costs ...
(Date:6/25/2016)... ... June 25, 2016 , ... As a lifelong Southern Californian, Dr. Omkar ... M.D from the David Geffen School of Medicine at UCLA. He trained in Internal ... complete his fellowship in hematology/oncology at the UCLA-Olive View-Cedars Sinai program where he had ...
(Date:6/24/2016)... ... ... Those who have experienced traumatic events may suffer from a complex set of ... or alcohol abuse, as a coping mechanism. To avoid this pain and suffering, Serenity ... event. , Trauma sufferers tend to feel a range of emotions, from depression, guilt, ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , , , WHEN: , , ... , , , LOCATION: , , , Online, with free registration ... PANELISTS:  , , , Frost & Sullivan,s Global Vice President of ... Analyst, Divyaa Ravishankar and Unmesh Lal, Program Manager , ... witnessing an exceptional era. Several new demand spaces, such as innovative ...
(Date:6/23/2016)... Revolutionary technology includes multi-speaker listening ... industry leaders in advanced audiology and hearing aid technology, ... ™, the world,s first internet connected hearing aid that ...      (Photo: http://photos.prnewswire.com/prnh/20160622/382240 ) , ... ,world firsts,: , TwinLink™ - the first ...
(Date:6/23/2016)... , June 23, 2016 ... "Surgical Procedure Volumes: Global Analysis (United States, China, ... Canada)" report to their offering. ... essential tool for healthcare business planners, provides surgical procedure ... at surgery trends with an in-depth analysis of growth ...
Breaking Medicine Technology: