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Clyburn Statement On Social Security Cola

Statement

Date: Oct. 19, 2011
Location: Washington, DC
Issues: Senior Citizens Entitlements and the Safety Net

U.S. House Assistant Democratic Leader James E. Clyburn released the following statement about today's announcement by the Social Security Administration that beneficiaries will receive a Cost-Of-Living-Adjustment (COLA) next year:

"I am pleased America's 55 million Social Security beneficiaries will receive a 3.6 percent COLA increase starting in January. I've met with seniors across South Carolina in recent months, and I know many of them rely on Social Security to keep their heads above water. This new Social Security COLA will help seniors across the country weather these tough economic times."


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