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Cost of Living Adjustment

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

Susan Rhea | Posted 04.29.2013 | 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 04.24.2013 | 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 04.17.2013 | 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...

Social Security To Announce No COLA For 2011

AP | STEPHEN OHLEMACHER | Posted 05.25.2011 | Politics

WASHINGTON — Another year without an increase in Social Security retirement and disability benefits is creating a political backlash that has Pr...

Seniors Brace For Social Security Freeze

AP | MATT SEDENSKY | Posted 05.25.2011 | Politics

BOCA RATON, Fla. — Seniors prepared to cut back on everything from food to charitable donations to whiskey as word spread Monday that they will ...

Obama to Seniors: Here's Some Money. Now Go Away.

Rick Horowitz | Posted 05.25.2011 | Comedy
Rick Horowitz

"Hey, Gordo!" cried Myron the Mailman, who'd known Gordon Goldenage forever. "I've got some government checks here for you and the little lady." (That would be Gladys.)

Why the Silence on Extending Jobless Health Care Benefits?

Mark Miller | Posted 05.25.2011 | Politics
Mark Miller

What's more important: a cost-of-living increase in Social Security benefits for retired people, or health insurance subsidies for the unemployed? The answer depends on your clout in Washington.