Social Security Report

Latest News

Clarifying the Driving Force Behind the Huge 2023 COLA

Despite claims to the contrary, the 8.7% cost-of-living adjustment (COLA) arriving in seniors’ January payments is not a positive result of any governmental action taken on their behalf. Quite the opposite, given the simple math that produces the annual COLA. In fact, if one were to seek a link between government leadership and the impact on seniors’ Social Security benefit, it would be fairly easy to see a negative picture in that inflation is the clear driver in whatever happens in determining the annual COLA. For more on this issue, check out this anargusobserver.com post byFactCheck.org’s Lori Robertson.

The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org.