Annual COLA: Helping Americans who need it...
Just became aware that this year once again there will be no Cost of Living Adjustment (COLA) for those on Social Security and SS Disability and VA Disability.
I have written the White House and to various Legislators during the past several years to develop a new formula for determining automatic COLA's because the old formula is antiquated and inaccurate. Yet, no one deals properly with the issue.
Instead, we have increased money for Medicaid and welfare recipients and we throw billions away to Iran and other nations in the world and yet we do so little for those on Medicare and other needed programs for seniors, the disabled and people who have worked their entire lives, paid taxes and who can't work any more.
Even Medicare costs to recipients have increased and other medical cost directly attributed to the failed Obamacare program. We continue to throw money at illegal immigrants who are helped before our own citizens. IT IS NOT RIGHT TO DO SO!
Personally, I don't know families depending on the COLA will get by. During the past 8 years we now have had 3 occasions where there was no COLA increase, while all other expenses have risen.
Please stop throwing tax dollars away on useless causes and use them instead to help US citizens who look to the annual COLA as a supplement to help them survive each year.
Congress must act to change what doesn't work for millions of Americans.