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Cost of Living Adjustment

Friday Talking Points -- A Democratic Economic Platform for Next Time

Chris Weigant | Posted 11.07.2014 | Politics
Chris Weigant

Republicans in Congress just won a smashing electoral success by essentially doing nothing but mercilessly block Obama's agenda. That, to put it another way, is a winning formula for them with their base voters.

Arthur Delaney

Obama To Drop Social Security Cut From Budget

HuffingtonPost.com | Arthur Delaney | Posted 03.17.2014 | Politics

WASHINGTON -- President Obama will not include cuts to Social Security and other earned-benefit programs in his upcoming budget, the White House confi...

Obama Budget Will Not Include Cost-Of-Living Trims, Officials Say

AP | JIM KUHNHENN | Posted 02.20.2014 | Politics

WASHINGTON (AP) — The White House says President Barack Obama's upcoming budget proposal will not include his past offer to accept lowered cost-of-l...

Where Do Vets Stand on Pensions -- One Group Needs to Figure It Out

Jon Soltz | Posted 04.05.2014 | Politics
Jon Soltz

If Concerned Veterans for America wants to protect pensions, vets will be right there with them. But when the coda to that argument is the complete opposite -- "And let's privatize your pension" -- that's where you lose many troops who are depending on a stable retirement.

Arthur Delaney

Food Stamp Cut Wipes Out Some Americans' Social Security Increases

HuffingtonPost.com | Arthur Delaney | Posted 11.11.2013 | Politics

WASHINGTON -- A food stamp cut that took effect this month will negate cost-of-living adjustments to Social Security benefits for some retirees and di...

House Ways and Means Committee Misleads Hill on Chained CPI

Ben Veghte | Posted 11.06.2013 | Politics
Ben Veghte

Workers who have contributed to Social Security through a lifetime of work deserve better than to see their earned benefits cut, especially when this cut is disingenuously sold with smoke and mirrors.

Arthur Delaney

Social Security Cut Would Put More Money In Seniors' Pockets, GOP Claims

HuffingtonPost.com | Arthur Delaney | Posted 11.05.2013 | Politics

WASHINGTON -- A controversial proposal that would save the government billions by changing the way Social Security benefits are adjusted each year wou...

As Budget Conference Begins, 1.5 Percent 2014 Social Security COLA Underscores Need to Address Retirement Security Crisis

Ben Veghte | Posted 01.23.2014 | Politics
Ben Veghte

As another historically low Social Security COLA is announced for 2014, our country faces two distinct challenges in budget and retirement security policy. The Budget Committee must deal with a range of challenges relating to restoring equitable growth and opportunity.

A Path to an Affordable New York City

Joe Melaragno | Posted 01.23.2014 | New York
Joe Melaragno

Very few civic leaders discuss the root cause of high housing costs. One of the primary reasons housing prices are so high in New York City is because of restrictive zoning that puts an extremely prohibitive limitation on housing supply.

Austerity or Accuracy? Why Seniors Need a CPI-E

Max Richtman | Posted 08.13.2013 | Politics
Max Richtman

Our nation faces an impending retirement crisis yet rather than address that issue head-on; Washington is instead proposing cuts to the only guaranteed source of income for many retirees, Social Security. It simply makes no sense -- unless your true goal is austerity not accuracy.

Why Is Chained CPI important? It's Not -- A Better Way to Fix Social Security

Susan Rhea | Posted 06.29.2013 | Politics
Susan Rhea

For the COLA, instead of an annual percent increase, which rewards some hugely and others not so much, we should determine a fixed amount of increase, and assign everyone that same increase.

Chained CPI Cuts Average Social Security Benefits by $15,615 - Even With Bump-Up for Older Retirees

Ben Veghte | Posted 06.24.2013 | Politics
Ben Veghte

Seventy-seven million baby boomers have entered or are approaching retirement. Social Security will make up the bulk of the income most of these seniors will have at their disposal. As our private retirement system continues to underperform and Medicare premiums rise, cutting Social Security COLAs based on a false premise is bad policy.

Chained CPI Is a Fraud: Set Constant Dollar COLA, Not Percent COLA

Susan Rhea | Posted 06.17.2013 | Politics
Susan Rhea

The president is asking Congress to change the way cost of living adjustments are determined so corporations, Wall Street financiers, and others in the top 10 percent don't see an income tax increase, closure of tax loopholes, or reduced income deductions.

AARP Kinda Hates Chained CPI

Arthur Delaney | Posted 03.17.2013 | Politics
Arthur Delaney

AARP CEO A. Barry Rand said during a speech today at the National Press Club that he's no fan of the "chained CPI" -- the alternate measure of inflati...

The Terrible Timing of "Chained Cola":: Benefits Decline as Cash Needs Increase, Especially for Widows

Merton Bernstein | Posted 02.19.2013 | Politics
Merton Bernstein

Chained COLA (cost-of-living adjustments) would purposely reduce Social Security benefits every year. As time goes on, the reductions -- initially small -- accumulate, constantly reducing the purchasing power of Social Security benefits.

Arthur Delaney

Chained CPI Not Popular At All: Poll

HuffingtonPost.com | Arthur Delaney | Posted 12.06.2012 | Politics

WASHINGTON -- A policy change popular with lawmakers in Washington isn't very popular with regular people, according to a new HuffPost/YouGov poll. ...

Not Everyone Who Makes $250,000 a Year Is Rich: Why the Cost of Living Matters

Menachem Rosensaft | Posted 01.19.2013 | Politics
Menachem Rosensaft

The inherent problem with allowing the Bush-era tax cuts expire for Americans earning more than $250,000 a year -- let's call them $250k+ Americans -- is that not all $250k+ Americans are created equal.

AARP Warns Lawmakers About Potential Fiscal Cliff Deal

The Huffington Post | Arthur Delaney | Posted 11.08.2012 | Politics

With hints that party leaders may soon seek a deal on taxes and spending, AARP is warning lawmakers to stay away from a Social Security cut that has b...

Peter G. Peterson's Money Goes to Convincing You to Take a Social Security Hit

Jeff Palmer | Posted 01.02.2013 | Politics
Jeff Palmer

You may or may not have heard of Peter G. Peterson, but he has been trying very hard lately to make you believe your Social Security is in jeopardy.

The Latest Cost-of-Living Adjustment (COLA): Is It Accurate?

Dana Bell | Posted 12.19.2012 | Politics
Dana Bell

Social Security's benefits are modest by virtually any measure, but vital to the millions of seniors, people with disabilities, and survivors who rely on them. The annual Cost-of-Living Adjustment (COLA) is not a benefit increase, but a part of the basic benefit.

Arthur Delaney

Small Social Security Cost Of Living Adjustments Could Get Smaller

HuffingtonPost.com | Arthur Delaney | Posted 10.16.2012 | Politics

WASHINGTON -- A coalition of 96 organizations representing veterans, the elderly, minorities and labor unions on Tuesday used the occasion of the annu...

Attention All Journalists: 8 Things You Need to Know Before Reporting on the Social Security COLA

Eric Kingson | Posted 12.15.2012 | Politics
Eric Kingson

Tomorrow morning, the Social Security Administration will post on its website the size of the Cost of Living Adjustment for 2013. Here are eight things that journalists -- newspaper, radio and TV reporters, editors, bloggers and TV anchors -- need to know.

The Cities With The Highest Cost Of Living

Posted 01.28.2012 | Business

An old adage seems to be proving true: if you can make it in New York, you can make it anywhere. New York City is home to three of the top five are...

Restore the Basic Bargain

Robert Reich | Posted 01.28.2012 | Business
Robert Reich

Corporate profits are up right now largely because pay is down and companies aren't hiring. This is a losing game even for corporations over the long term. Without enough American consumers, their profitable days are numbered.

No Social Security Cost of Living Adjustment Is No Cause for Anger

Mark Miller | Posted 05.25.2011 | Business
Mark Miller

For a second consecutive year, Social Security recipients won't receive a cost-of-living adjustment (COLA) in 2011, according to the Social Security A...