WASHINGTON, D.C. - Ways and Means Committee Chairman Charles B. Rangel (D-NY) issued the following statement in response to the White House announcement calling for an additional $250 emergency recovery assistance payment to seniors, veterans and people with disabilities. The announcement came in expectation of an announcement that, due to economic conditions, the Social Security Administration (SSA) would not provide a cost of living adjustment (COLA) to beneficiaries for 2010:
“The Committee on Ways and Means is keenly aware of the economic difficulties facing our seniors. I support the President’s call to assist America’s seniors during these challenging economic times and look forward to working with my colleagues in Congress to send a bill to President Obama for his signature."
