No COLA this year for social security recipients. This also means high earners gathering over $106,800/year won't have their deduction increased for the second year. The annual Pentagon budget remains higher than SSI expenditures. We are spending $6.7 billion a month in Afghanistan and $5.5 billion in Iraq. The average SSI check is $1,040.00 a month. 58.7 million Americans receive social security. President Obama and his economic crew are mulling over cuts to SSI. Not much mulling over defense spending cuts; Congress's most divine of sacred cows, in fact some Congressmen are hollering about how defense spending increases save the taxpayers money. Or is there a confrontation in the near future?
Showing posts with label defense spending. Show all posts
Showing posts with label defense spending. Show all posts
Friday, October 15, 2010
Mo' Money and No Mo' Money
No COLA this year for social security recipients. This also means high earners gathering over $106,800/year won't have their deduction increased for the second year. The annual Pentagon budget remains higher than SSI expenditures. We are spending $6.7 billion a month in Afghanistan and $5.5 billion in Iraq. The average SSI check is $1,040.00 a month. 58.7 million Americans receive social security. President Obama and his economic crew are mulling over cuts to SSI. Not much mulling over defense spending cuts; Congress's most divine of sacred cows, in fact some Congressmen are hollering about how defense spending increases save the taxpayers money. Or is there a confrontation in the near future?
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