During one of the worst recessions in modern history, the senior citizens' lobby wanted to take $250 from working people and put the money into their own pockets. The measure failed, because the following Democratic Senators exercised restraint:
Bayh (D-IN)
Bennet (D-CO)
Carper (D-DE)
Feingold (D-WI)
Feinstein (D-CA)
Landrieu (D-LA)
Levin (D-MI)
McCaskill (D-MO)
Nelson (D-NE)
Shaheen (D-NH)
Udall (D-CO)
Warner (D-VA)
Both of Colorado's Senators appear to have good financial sense.
Dianne Feinstein seems to have enough job security to vote against the lobby's demands. Sadly, Barbara Boxer voted for the bill and seems to be doing everything she can to lose to Republican Tom Campbell in the next California election.
Russ Feingold did the right thing (he seems to do that a lot).
To Bernie Sanders from Vermont, who sponsored the bill: you need to go back and re-take basic math. No cost-of-living adjustment means there was no significant reported inflation. If prices in general didn't go up, why do benefits for senior citizens have to go up? We already expanded prescription drug coverage under the Bush administration, and senior citizens are eligible for Medi-care. What, exactly, is the problem, as long as senior citizens don't spend excessively? If you have a beef with the reported inflation numbers, then you go and address that issue, but please don't run straight to the taxpayers every time you get a harebrained idea.
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