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Social Security raise welcomed in tough economySocial Security raise boosts lifeline for neediest seniors; others see it as added comfort
WEST PALM BEACH, Fla. (AP) ' For some, the just-announced increase in Social Security checks amounts to an extra meal out, a little more cash for clothes or a new pair of shoes, some added comfort in retirement. But it's crucial for others.
Seventy-one-year-old Elizabeth Davis of Miami is among 55 million Social Security recipients who will get increases averaging $39 a month. That's about $467 a year.
In December, more than 8 million people who receive Supplemental Security Income, the disability program for the poor, will get increases averaging $18 a month. That's about $216 a year.
The poor economy has left little wiggle room for some seniors like Davis, many of whom rely almost entirely on their Social Security checks for income. Davis hopes she won't have to use her credit card as much after the raise because she's already added to her debt to make ends meet.
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