I'm not sure how I am going to spent this bonus of income. The nnews is now public so I except all the people I know calling hoping to get a piece. How big a increase will I be getting to offset the rising prices of gas, energy, food, medicines, medical costs, and every freaking thing else that has gone up by 30 or 40% in the last yr? Would you believe I'm going to the get whopping amount of $24.00 ?
The typical retiree will face the challenge of using the extra $24 to cover higher costs for everything from gasoline and food to medical care.
What will that $24.00 pay for ? 1/3 of a tank of gas allowing me to go appox 100 miles. It could be used to pay for a 1/7 of my month prescriptions, or 8lbs of hamburger. It will pay 1/33 of my monthly rent, but only for one month. Such extravagance is unheard of in this day and age of supporting the entire country 0f Iraq. I sure hope they can share it.http://hosted.ap.org/...