Democratic Party News - Our Democratic Party Congress will not allow an increase in the social security cost of living adjustment.

For the first time in history, the Congress will not allow an increase in the social security cost of living adjustment.

In fact, The Henry J. Kaiser Family Foundation predicts there may not be any cost of living adjustment for the next three years.

It shoiuld be further noted, our President Obama recently approved a 2% salary increase for all federal employees effective January 1, 2010. Members of the executive, legislative and judicial branch are due for an automatic pay increase in January as well.

All this on the backs of seniors who will NOT incur any cost of living adjustment increases for several years.

This entry was posted on 3. December 2009 at 20:58 and is filed under Social Security, Federal Government, President Obama, Democratic Party, Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.