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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24 Lakewood Ranch Republican Luncheon
12:00 pm - 1:00 pm
24 BOO Fest-Lakewood Ranch
6:00 pm - 9:00 pm
25 Ellenton Sunday Market
28 Wine, Dine and Make a Difference
6:00 pm - 10:00 pm
On the calendar
It’s time for feasting on candy and family fun.
Merchants on Lakewood Ranch Main Street continue to mourn the surprising loss of fellow business owner Rebekah Hatmaker, co-owner of Serendipity Boutique.
Ticket sales for the Rotary Club of Lakewood Ranch’s first Uncorked food-and-wine pairing fundraiser have begun, and so has a chance to win a one-karat diamond.