Seniors and Veterans Emergency Benefits Act

Seniors and Veterans Tell Senate Leader McConnell to Bring SAVE Benefits Act to Floor for a Vote

Walk 9, 2016

News Release

For the third time in only seven years, there will be no Cost of Living Adjustment (COLA) for a great many seniors, veterans, and individuals with handicaps who rely upon the COLA to keep them out of destitution.

Today Max Richtman, National Committee to Preserve Social Security and Medicare President/CEO, joined Senators Chuck Schumer (D-NY), Elizabeth Warren (D-MA), Tammy Baldwin(D-WI), and different backers to encourage the Senate to bring The Seniors and Veterans Emergency Benefits Act (SAVE Benefits Act) to the floor for a vote.

“You’d be quite pitiless to not see the value in exactly how much seniors are harming in the present economy. I hear a great deal about this from our individuals, particularly since they learned they wouldn’t get a COLA this year.

Shutting an expense escape clause on affluent CEOs to give a one-time crisis advantage for Social Security beneficiaries is a “brilliant”- hearted proposition. Seniors get some assistance, state economies see an ascent in shopper spending, and Congress scores a triumph paying special mind to Main St rather than Wall Street.”…

Max Richtman, President/CEO, National Committee to Preserve Social Security and Medicare

The SAVE Benefits Act would give a one-time crisis instalment of about $581 per individual to be paid for by the conclusion of an inefficient proviso that permits companies to discount chief rewards to their generously compensated CEOs as a “cost of doing business.”

The SAVE Benefits Act has 71 co-supports in the House and Senate yet, 90 days into 2016, GOP pioneers actually have not made a move on this enactment. Many applicants keep on promising, on the battlefield, to ensure imperative seniors programs; be that as it may, Senator Bernie Sanders (I-VT) is the main Senator and Presidential contender to co-support this enactment.

Representatives Ted Cruz (R-TX) and Marco Rubio (R-FL) have not upheld enactment giving a one-time advantage to seniors, veterans, and individuals with incapacities.

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