Entries in Economic Recovery Payment (1)


Obama Calls for Recovery Payment for Seniors, Vets, and Disabled

Photo Courtesy - The White House(WASHINGTON) -- President Obama announced Friday he will renew his call for a $250 Economic Recovery Payment for senior citizens, veterans and the disabled.  The announcement comes on the heels of the Social Security Administration's inability to provide a cost of living adjustment for Social Security benefits for the second year in a row.  Speaker Nancy Pelosi will bring the proposal to a vote in Congress.

In 2009, 56 million Americans benefited from the first Economic Recovery Payment under the Recovery Act, including roughly 50 million Social Security recipients.

Copyright 2010 ABC News Radio

ABC News Radio