Senior Stimulus: How an Additional $1,400 Check Could Help Social Security Recipients Afford Rising Grocery CostsThe Senior Citizens League (TSCL), one of the largest nonpartisan senior citizens advocacy groups, currently has a petition to garner support and attention for an emergency $1,400 stimulus check to cope with unprecedented inflation........
.............The petition reads: “I (and/or my spouse) want Social Security recipients to receive a $1,400.00 emergency stimulus check to cope during this unprecedented inflationary year. Social Security benefits are one of the few types of income in retirement adjusted for inflation.”
Among the arguments in the petition is that the COLA increases are not suitable enough for seniors living on a fixed income with the 5% inflation surge experienced over the past 13 months. The petition adds, “In 2021 Social Security benefits increased by just 1.3% raising the average benefit by only about $20 a month. But about 86% of Social Security recipients surveyed say their expenses increased by much more than that amount.”...............
https://www.yahoo.com/finance/news/senior-stimulus-additional-1-400-140012017.html
