Congressman Vern Buchanan this week co-sponsored legislation intended to help senior citizens who have been denied a cost-of-living increase.
H.R. 3691, known as the SAVES Act, would use unspent money from the economic stimulus package to provide seniors and veterans with relief. Each of the 57 million Social Security recipients would receive about $250 next year.
"Senior citizens living on a fixed income are struggling," Buchanan said in a press release. "This bill would give them money to spend on food, gas and clothing. That will do more to help stimulate the economy."
The Social Security Administration announced Oct. 15 it would not increase the cost of living for recipients in 2010. Social Security benefits are linked to inflation, which has been negative this year.
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- Jun
20 Welcome Club of Sarasota/Manatee Luncheon
11:00 am - 2:00 pm - Jun
28 Regatta Pointe Marina River Regatta 2013
6:00 pm - 8:00 pm - Jul
10 Lakewood Ranch Business Alliance June Networking Social
5:00 pm - 7:00 pm - Sep
28 3rd Annual Run to Live 5 K and Family Fun Run
8:00 am - 12:00 pm
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Manatee students capture F1 in Schools championship
06/13/13
Four students recently returned to Manatee County with bragging rights. -
OBITUARY: Randy Hedrick
06/13/13
East County residents are mourning the loss of local businessman and friend, Randy Hedrick, who died suddenly Tuesday, June 4, of a heart attack. -
National Champs: Sarasota Crew Men's Varsity 8+ team
06/12/13
The Sarasota Crew Men's Varsity 8+ team won the gold medal June 7-9, at the 2013 USRowing Youth National Championships.
