Political Quotes

“today I wish to join my colleagues in strong support of the SAVE Benefits Act. I wish to commend the excellent work done by my friend and the Senator from Massachusetts, Ms. Warren. Millions of seniors and veterans deserve a little more money in their Social Security checks at the beginning of every year to help pay for the ever-increasing costs of rent and medicine and groceries. They earned it. The SAVE Benefits Act would provide a fair and well-deserved payment to our seniors receiving Social Security and veterans receiving Federal benefits who will not see a cost-of-living adjustment in their benefits next year. You see, next year there will be no official cost- of-living adjustment or COLA chiefly because the formula that determines it is heavily tied to the price of gasoline, which is low, but all the other cost-of-living indicators are up, including rent, medicine, and groceries. These are the costs our seniors are juggling most often. I talk to seniors. They say: What is this? There is no inflation? My life costs me more each year--considerably more. But because there was no official COLA even as those costs are going up, Social Security benefits will not increase by a single dime in 2016. And about two-thirds of seniors rely on Social Security for over half of their income.…”