Tag: Social Security COLA

Senior man reading newspaper

Why in the world would Republicans put out a plan to dramatically cut Social Security? Even Donald Trump said he wouldn’t mess with the program’s benefits. Yet, the Republican Study Committee’s Blueprint to Save America, released in June, has a full section devoted to Social Security. I had never heard of the Republican Study Committee (RSC),…

Man shopping with a list

The time has come to speculate about Social Security’s cost-of-living adjustment (COLA) for 2023. Automatic indexing of benefits to keep up with rising prices is a wonderful feature of our Social Security program.  Since the COLA first affects benefits paid after Jan. 1, Social Security needs to have figures available before the end of 2022…