For the first time in history, the Congress will not allow an increase in the social security COLA (cost of living adjustment).

In fact, The Henry J. Kaiser Family Foundation predicts there may not be any COLA for the next three 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.

Now President Obama wants to have congress send a "gift" of $250.00 to each senior to compensate for a lack of cola.  This is obsurd.  Just put in the cola at a rate that will yield the same amount and let things proceed as normal.

 But this way, he makes it sound like he is giving us something special.  I suppose we are suppose to give him a prize for it!