Social Security Payments: $250 Checks Proposed By Obama For Seniors

Social Security Payments: $250 Checks Proposed By Obama For Seniors

Congressional leaders welcomed President Obama's proposal to make $250 payments to Social Security recipients Thursday, as a government report confirmed there will be no automatic cost-of-living adjustment for the program.

Some public policy experts, however, argued that the action amounts to a politically motivated giveaway to seniors.

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