It's an automatic calculation that was removed from political meddling decades ago. The national cost of living is calculated and the COLA is derived from that. A computer does it. Nobody decided "hey, let's not have a COLA this year"; nobody is even allowed to decide that.
11. "It's an automatic calculation ...." Yeah, so it is. But it is also.....
....billions of dollars in savings - billions that the Repubs are looking for to make up for the unemployment insurance extensions.
The question was where is the money coming from to finance the unemployment extensions? Everybody else gets to feed off the Social Security Trust Funds. Why not the unemployed?
13. I think the estimate for the wage freeze is higher than $30 billion
but they will claim it doesn't count as Obama already ordered. Their real goal is to gut the money still left in stimulus funs because they were never in favor of spending it.
They should be required to find offsets for the loss of revenue that will result by NOT extending unemployment benefits. That will likely be a whole lot more than $30B.
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