Congress May Throw You A $250 Check...It's Only Money!
Democrats are making a pre-election pitch to give Social Security recipients a one-time payment of $250, part of a larger effort to convince senior voters that their party, and not Republicans, will best look out for the 58 million people who get the government retirement and disability benefits.
The $250 check is meant to make up for a second year without a cost-of-living increase due to low inflation.
President Barack Obama has urged Congress to approve the $250 payment. House and Senate Democratic leaders Nancy Pelosi and Harry Reid say they will bring up the legislation when lawmakers return for the lame-duck session in November. In the meantime, Democrats are using the proposal to augment their campaign pitch that Republicans would undermine Social Security.