Democrats came up with a last minute pitch before the election to give those with Social Security a 250 dollar bonus to make ends meet as the cost of living goes up. This check would be given out to 58 million people. A problem with this proposal is figuring out how this 13 billion dollar cost is going to be paid for. Obama hasn’t offered any suggestions as to where the money is coming from, and the Senate rejected this pitch because they thought it would just add 13 billion dollars to the 12 trillion dollar federal debt.
I think this is the Democrats way of trying to survive the election. In a way, Democrats are bribing the seniors and others with social security to vote Democratic because they will magically give 58 million people 250 dollars each. Democrats have no way of paying for this proposal and it is just going to add billions of dollars to our trillion dollar debt; that is something that will hurt the U.S. rather than help it. Democrats just started putting effort into this proposal now which shows that they aren’t really trying to find a solution for social security, but they are just creating a temporary “quick fix” that will get seniors on board with the Democratic Party. In the long run, 250 dollars will help for a months time at max, and then seniors on social security will just be back to struggling.
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