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03-26-2009, 01:30 PM #1
Social Security, SSI stimulus payments in May
Biden: Social Security payments to begin in May
WASHINGTON (AP) — Vice President Biden says people who collect Social Security will get a special $250 payment sometime in May.
The payments are part of the stimulus bill President Obama signed into law in February. The administration said the measure will help end the recession by creating jobs and putting money into people's pockets.
Recipients of Supplemental Security Income, or SSI, also will receive the $250 payment.
In all, Biden says nearly 55 million people will receive the extra money.
Biden and Energy Secretary Steven Chu also announced plans to spend $3.2 billion on energy efficiency and conservation projects across the country. That money is on top of $8 billion the Energy Department recently released for weatherization and state energy projects.
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