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To: vishnu6; Chesner
Currently Social Security recipients get raises in their checks yearly based on wages, which means they get raises greater than inflation, which isn't necessary for many because they have already bought a home and don't travel daily to a job anymore and get Medicare insurance, all of which lower their costs of living.

Republicans have wanted to lower the amount of this yearly automatic "cost of living" raise in benefits by indexing the raise to prices instead.

President Bush wasn't proposing to cut benefits to richer Social Security recipients. He was proposing limiting the yearly raises they receive to price indexing.

This is half a loaf proposal.

We can't get the whole loaf so we are going for a half loaf.

78 posted on 04/28/2005 9:09:13 PM PDT by patriciaruth (They are all Mike Spanns)
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To: patriciaruth

This thread is full of bogus conservatives.


82 posted on 04/28/2005 11:21:04 PM PDT by Chunga
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