Elders to get a cost of living raise--maybe

The government giveth, the government taketh away.

KNOXVILLE, Tenn (WVLT) -- Social security checks are going up $63 a month for the typical retiree.

Nancy Walker, 87, lives in subsidized housing.
The additional $63 a month in Social Security will cause her to lose benefits.

"Means I'm gonna pay more for rent for one thing," Grace Lindsey says.
It will cost her rent to increase because her income's going up, her food stamps will decrease and she may not continue to receive 20% off Medicaid.

For all of you looking forward to Medicare, (health care and social security dwarf war costs), I had a better deal when I was working. I don't think Obama can make good his promises by just taxing the rich, so if that's your reason, think again. The Democrats took care of that last year by refusing to look into fraud in Fannie and Fred. Now the rich he wanted to tax are showing losses big time.

So, next? Step up, folks, it's just patriotic.

HT Dr. Helen.