I like Senior Citizen League Newsletter


Rick Delaney, The Senior Citizens League 18:06 (17 minutes ago)

I’m writing to confirm what you are seeing every time you get gas or go to the grocery store — inflation has exploded over the past 90 days! The Bureau of Labor Statistics recently reported the biggest jump in consumer prices that we have witnessed in 13 years.Look at these price increases from April 2020 to April 2021:Gasoline (all types)49.6%Natural gas12.1%Bacon10.7%Care of invalids and elderly at home9.1%Citrus Fruit7.8%Motor vehicle insurance6.1%I’ve never seen anything like this in the 26 years that I’ve been following the consumer price index. This inflation spike occurred at the same time Social Security recipients have been scraping by on a 1.3% cost of living adjustment increase in 2021. According to our most recent survey benefits increased by just $20 per month, but 86% of you report that your monthly expenses have gone up by a lot more than that. Forty percent of you say your expenses rose by more than $120 per month.Your retirement savings won’t buy anywhere near what you were able to buy even in January of this year! You wind up spending down your retirement savings faster, borrowing more, or in the case of many retirees — going without essentials.It is urgent that you contact Representative John Larson, chairman of the Social Security Subcommittee of the House Ways and Means Committee.Thank him for his faithful support of Social Security and urge him to re-introduce his Social Security 2100 benefit boost bill right away because the increases in prices we have experienced in the past 90 days are causing a severe strain on seniors like you.His Social Security 2100 bill would not only boost benefits by about $30 per month, it would better protect against inflation, protect low earning workers at retirement, cut taxes for beneficiaries, and strengthen the Social Security Trust Fund. We urgently need him to take the lead once again on behalf of all of America’s seniors.”Contact United States Representative John Larson toll free (the call will be paid for by The Senior Citizens League) at 844-455-0045, and tell his office: Reintroduce the Social Security 2100 Act TODAY!“Sincerely

,
Rick Delaney
Board Chairman
The Senior Citizens League