Friday, October 16, 2009

Republican Leadership Seeks To Tap Stimulus Cash For Social Security Payment

Continuing to argue that the American Recovery and Reinvestment Act is not working, Senate Minority Leader Mitch McConnell and House Minority Leader John Boehner both said yesterday that the Obama administration's proposed one time $250 check to each Social Security recipient should be paid for with unspent cash from the stimulus appropriations. Neither leader went so far as saying he would oppose the measure if it is not paid for. The Obama proposal would cost about $14.25 billion, to fund a single check to each of about 57 million Social Security recipients.

House Speaker Nancy Pelosi views the proposal as an extension of the economic stimulus package, noting that the original legislation provided a similar $250 check to each Social Security beneficiary. Boehner said, "I'd be happy to support the president's proposal; if we pay for it out of stimulus funds that have not been spent. The stimulus bill is not working."
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