Hirono Fights to Ensure Social Security Increase for Seniors & Veterans

Statement

enator Mazie K. Hirono joined Senator Elizabeth Warren (D-MA) and a coalition of 15 other U.S. Senators to introduce the SAVE Benefits Act, legislation that would provide Social Security beneficiaries with a modest Cost of Living Adjustment (COLA) starting in 2016. For only the third time in more than 40 years, seniors will not receive a COLA increase in 2016.

"In Hawaii, one out of four seniors relies on Social Security as their only source of income," said Senator Hirono. "Many Hawaii seniors have told me their costs for essential goods keep rising, and yet there will be no Social Security Cost of Living Adjustment come January. This is why I support Senator Warren's SAVE Benefits Act- to provide our seniors with a modest Cost of Living increase next year. This bill is fully paid for by closing loopholes that currently give taxpayer benefits to millionaires and billionaires."

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