"The cost-of-living adjustments, or COLAs, are automatically set each year by an inflation measure that was adopted by Congress back in the 1970s.
To make up for the lack of a COLA, the House will vote in November - after congressional elections - on a bill to provide $250 payments to Social Security recipients, House Speaker Nancy Pelosi said. But even if Pelosi can get the House to pass the proposal, it faces opposition in the Senate. "
To make up for the lack of a COLA, the House will vote in November - after congressional elections - on a bill to provide $250 payments to Social Security recipients, House Speaker Nancy Pelosi said. But even if Pelosi can get the House to pass the proposal, it faces opposition in the Senate. "
Did AARP mention this? Did anyone? And If I remember correctly its been 4 years since a COLA...
'via Blog this'
'via Blog this'
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