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Senior Citizens League (TSCL), a non-partisan senior group, Congress is pushing to issue a fourth stimulus check of $1,400 to Social Security recipients.

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TSCL president Rick Delaney sends letters to congressional leaders, calling for another round of stimulus checks for Social Security income (SSI). An update from the group last month,

“We’ve heard from thousands of them [seniors] For those who have exhausted their retirement savings, those who have started eating just once a day, halved their pills because they can’t afford their medicines, list some such drastic steps. For which many people had to bear. What has inflation done to them this year,” the letter said. “Many people have written to us that ‘our government has forgotten about us.'”

“The $1,400.00 stimulus check for Social Security recipients could be a way for them to receive additional non-taxable income,” Delaney said in the letter.

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Why is Social Security running out of money?

Inflation made seniors struggle

when inflation risesThe Social Security Administration (SSA) has announced that the beneficiary see an increase of 5.9% Next year in profit, the biggest boost in nearly 40 years. This increase is due to the cost of living adjustment (COLA) that determines the change in Social Security payments each year.

“It will be the highest COLA that most beneficiaries living today have ever seen,” said Mary Johnson, Senior Citizens League Social Security and Medicare Policy Analyst. “But a high COLA means extraordinarily high inflation is affecting consumers. The Senior Citizens League has received more than 200 emails in the past month, with many retired and disabled senders describing the dire circumstances , which they face in the form of rapidly rising inflation, making it impossible to pay the bill.”

In increased payment An average of 1.4% over the past 12 years and 1.3% for 2021. Now, the TSCG says it’s an increase too little too late, as senior citizens deal with rising inflation and other costs.

Johnson said, “Over the past 21 years, COLAs have increased Social Security benefits by 55%, but housing costs have increased by about 118% and health care costs have increased by 145% over the same period.” “

The Senior Citizens Group said the economic impact payments for eligible individuals on Social Security retirement income could help offset these costs.

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Social Security benefits may be reduced earlier than expected

TSCL makes a petition

Despite pressure and letters from TSCL, the group said there was no Congress support for the fourth stimulus check. In response, senior citizen groups made a petition To raise awareness and support for incentive checks to Social Security recipients.

“Social Security benefits increased by only 1.3% in 2021, increasing the average benefit by only $20 per month,” the petition said. “But about 86% of Social Security recipients surveyed say their spending has increased a lot compared to that amount.”

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