Kagen Pledges Continued Support for Retirees

FOR IMMEDIATE RELEASE
October 11, 2010
 

 
(APPLETON, WI) –  Congressman Steve Kagen, M.D. is continuing his fight to protect all senior citizens and retirees across Northeast Wisconsin by sponsoring new legislation to provide cost-of-living adjustments which are being cut back by government formulas.  In advance of a possible announcement by the Bureau of Labor Statistics which could impact the cost-of-living increase for Social Security benefits in 2011, Dr. Kagen pledged to redouble his efforts on behalf of Americans living on fixed incomes.
 
Kagen has consistently fought for our seniors, who depend upon Social Security benefits, and he was able to secure a $250 stipend to every Social Security beneficiary in 2009.
 
“During these challenging economic times, people living on fixed incomes need a break,” Dr. Kagen said.  “I will continue to work hard for all our Wisconsin seniors.”
 
This year, Dr. Kagen  co-sponsored the Seniors Protection Act of 2010 (H.R. 5987), which would assist 57 million American seniors, as well as retired and disabled veterans, with a one-time $250 payment in the event that no inflation adjustment is announced this fall.
 
Kagen also co-sponsored H.R. 6082, with Michigan Rep. Bart Stupak, to amend the Internal Revenue Code to exempt from income tax individuals who have attained the age of 65 and whose gross income is not more than $50,000.
 
# # #