House to vote on bonus payment for Social Security
10/14/2010WASHINGTON — House Speaker Nancy Pelosi says the House will vote in November to provide $250 payments to Social Security recipients to make up for the lack of a cost-of-living increase for next year.
The Social Security Administration is expected to announce Friday that more than 58 million retirees and disabled Americans will go a second straight year without an increase in benefits.
Pelosi said Thursday the House will vote on a bill to provide the $250 payments when Congress returns after the November congressional elections. The payments would be similar to those provided by the government's massive economic recovery package in 2009.