Pres. Obama approved a 2% salary increase for all federal employees effective January 1, 2010.
Members of the executive, legislative and judicial branches are due for an automatic pay increase
in January as well. All this on the backs of seniors who will not incur any COLA (cost of living adjustment) increases for several years.
However, the per person monthly Medicare insurance premium will be increased from the 2009
premium of $96.40 to $104.20 in 2010 and to $120.20 for the year 2011. However, I'm sure
this could be subject to change....and I bet it won't be for the better.
This is just the beginning of the plans they have for us.