Keyword: colafreeze
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Obama Makes Tough Budget Cuts On Backs Of Social Security Recipients by Daniel T. Zanoza, Executive Director It seems President Barack Obama has decided to demonstrate fiscal restraint, but his turn towards less federal spending has come at the expense of Social Security recipients in 2010 and, as recently announced, in 2011. Those who receive Social Security benefits will not receive a Cost Of Living Adjustment (COLA) in their monthly checks for the second year in a row. According to the Consumer Price Index (CPI), whose data is compiled under the auspices of the U.S. Dept. of Labor, there has...
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With one swipe of his pen, President Barack Obama signed into law a health care reform bill that will cut Medicare's budget by $500 billion over the next ten years. In addition, late in the first year of his presidency, Social Security recipients received a letter notifying them that they would not be receiving a Cost Of Living Adjustment (COLA) starting January 2010. Since this announcement, there are reports seniors and the disabled will not receive a COLA for two years or more beyond the current year. Yes, the Dept. of Labor's statistics, gleamed from the Consumer Price Index (CPI),...
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Dan Zanoza Discusses RFFM's Project Regarding Advocacy for Seniors, Retired and Disabled (ASRD) on Dr. Laurie Roth Show (IRN-USA Radio Network) July 26th RFFM.org's Founder and Executive Director, Dan Zanoza, will be a guest on the Dr. Laurie Roth Radio Show [www.therothshow.com] on Monday, July 26, 2010 between 6 and 7 P.M. Central time. Zanoza will be discussing a new RFFM.org project, Advocates for Seniors, Retired and Disabled (ASRD). RFFM / ASRD will soon publish a quarterly e-newsletter for subscribers with the purpose of sharing information about a segment of American society the Obama administration apparently deems politically expendable. Broadcast...
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RFFM.org's Founder and Executive Director, Dan Zanoza, will be a guest on the Dr. Laurie Roth Radio Show [www.therothshow.com] on Monday, July 26, 2010 between 6 and 7 P.M. Central time. Zanoza will be discussing a new RFFM.org project, Advocates for Seniors, Retired and Disabled (ASRD). RFFM / ASRD will soon publish a quarterly e-newsletter for subscribers with the purpose of sharing information about a segment of American society the Obama administration apparently deems politically expendable. Broadcast out of Washington state on the IRN-USA Radio Network, Roth's radio talk show is nationally syndicated and "is on a mission to examine...
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In January of 2010--for the first time in nearly three decades--Social Security recipients did not receive a Cost Of Living Adjustment (COLA). It is being reported the COLA freeze may remain in effect for up to three years. COLA's are calculated according to the Consumer Price Index (CPI). The CPI is a measure which estimates the average cost of goods and services purchased by households. The U.S. Dept. of Labor calculates the CPI. Seniors and the disabled who receive Social Security benefits did not receive a COLA in 2010 because the CPI indicated there was no increase in inflation. Now,...
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Assault on Seniors and Disabled Continues In 2009, the Dept. of Labor announced there would be no Cost Of Living Adjustment (COLA) for individuals receiving Social Security benefits. According to the Consumer Price Index, there was no inflation for the past fiscal year, therefore a yearly increase in Social Security benefits was not warranted--for the first time in over a quarter of a century. Though the Dept. of Labor predicted inflation would not increase for two years, it has been reported Social Security recipients will not receive a COLA for at least 2010, 2011 and 2012. Middle and lower income...
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... The President has already come under heavy criticism concerning his plan to reform national health care. Seniors have turned out in droves at town hall meetings across the nation, voicing their opposition and outrage regarding $500 billion of projected cuts to Medicare. Many seniors feel the reform of America's health care system would primarily by paid for on their backs. According to data, 25% of Medicare's budget is spent on the last year of an individual's life. Even the most steadfast supporters of health care reform admit one day medical services to the elderly would eventually have to be...
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