Obama’s Proposed $250 Rebate to Seniors Unlikely to Sway Election, Analysts Say (Too Little Too Late)
Too Little Too Late: Obama’s Proposed $250 Rebate to Seniors Unlikely to Sway Election, Analysts Say
Published October 19, 2010 | FoxNews.com
President Obama and Democrats have proposed a $250 rebate to seniors who are not getting a cost-of-living increase in their Social Security benefits for the second year in a row, but the promised pay-out is unlikely to sway the senior vote ahead of the midterm election in two weeks.
Polls suggest the Social Security work-around won’t have much political impact on seniors who are poised to turn out in record levels on Nov. 2 and are likely to pull the lever for the Republican candidate — an advantage that could propel the GOP into power in the House and possibly the Senate.
The proposal comes as more than 200 Democratic candidates urge Obama to reject any proposed cuts to Social Security benefits from his fiscal commission, which has said everything, including entitlements, are on the table.
Critics dismiss the efforts as a cheap stunt.
(Excerpt) Read more at foxnews.com
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