Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Three groups urge the candidates to go "bold on economic populism issues" during Tuesday's debate. (Original Post) midnight Oct 2015 OP
Push has to be made to rework no raise in benfits for social security this year. midnight Oct 2015 #1

midnight

(26,624 posts)
1. Push has to be made to rework no raise in benfits for social security this year.
Thu Oct 15, 2015, 08:37 PM
Oct 2015

"WASHINGTON — Older Americans got a double dose of bad news Thursday: There will be no cost-of-living increase in Social Security benefits next year, and Medicare bills are set to soar for many.

It's just the third time in 40 years that Social Security payments will remain flat. All three times have come since 2010.

The annual cost-of-living adjustment, or COLA, by law is based on a government measure of inflation that was released Thursday. Low gas prices — a boon to all Americans — are driving down consumer prices. Currently the average price of a gallon of regular gasoline is $2.30, about 90 cents less than it was a year ago, according to AAA.

Regardless of inflation, the lack of a COLA isn't sitting well with many seniors, especially those on a fixed income."

http://www.startribune.com/millions-of-social-security-recipients-to-learn-cola-fate/333000501/
Latest Discussions»Retired Forums»Video & Multimedia»Three groups urge the can...