Woman on Social Security Talks Proposed Cuts

By: Estephany Escobar Email
By: Estephany Escobar Email

iStockphoto

iStockphoto

BRIDGEWATER -- Pres. Barack Obama is proposing cuts to balance the budget. Social Security and Medicare are on the chopping block.

A woman, who relies on Social Security for her income, said if it's cut, it could put a lot of seniors in a tough spot.

For Vallie Stroop, Social Security means a lifeline.

"It's my entire pay check. It's my monthly livelihood," she said.

When she receives the check every month, the government takes into account cost of living and inflation. It's something called the cost-of living adjustment.

Stroop said her paycheck is not that much every month.

"Let's put it this way, I just get enough to pay my bills. I pay my church tithes first and then I pay my bills and it's very little that I have left in dollars at the end of the month."

Pres. Obama is proposing to cut the cost of living adjustment. That would help cut back the deficit by $1.8 trillion in 10 years.

Bridgewater College Political Science Professor Jim Josefson said it could help.

"When we're talking about a trillion dollar a year budget deficit, saving $400 or $200 billion over 10 years is helping the deficit problem, but it is certainly not solving it."

He said it could be from $50 to $500 less per year for people getting Social Security.

"If you depend on just your Social Security check, the $25 a month is a real amount of money."

For Stroop, even a penny less makes a difference.

"They don't care about senior citizens. They don't really care about anybody that's out here trying to make a day-to-day living," she said.

Josefson said the cuts may affect seniors collecting benefits in 5 to 10 years. This proposal would have to go through the House of Representatives and Senate to be approved.

 Follow Estephany Escobar on Facebook and Twitter.


WHSV.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, no links, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WHSV-TV3
50 North Main Street Harrisonburg, VA 22801 540-433-9191 - Switchboard 540-433- 4028 - Fax 540-433-2700 - News Fax

WSVF Public Inspection File

Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 202417421