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Deutch hails decision to preserve Social Security COLAs
South Florida Congressman Ted Deutch on Friday praised President Barack Obama’s decision this week to preserve Social Security cost-of-living raises. The president has rejected the idea of using the “Chained-CPI” – a different way of figuring inflation – which would reduce Social Security raises. Deutch, D-Boca Raton, has sponsored legislation that would go in the opposite direction by increasing raises for Social Security recipients. His plan would factor in the higher costs faced by many of the elderly, such as for medicine and health care…Read More
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