Older Americans should expect a sharply lower cost-of-living adjustment (COLA) in their Social Security benefits next year if inflation ... lower than the four-decade high of 8.7% COLA in 2023.
The government is projecting a slight cost-of-living adjustment for Social Security benefits next year, the first increase since 2009. But for most beneficiaries, rising Medicare premiums threaten ...
Social Security and Medicare are facing funding problems ... of the senators who voted in favor of the bill. The next big change came a decade later. The Omnibus Budget Reconciliation Act of ...
As more spending reform is needed, here's why policy makers may turn to Social Security and Medicare ... related investing news What happens next with debt deal? Wall Street economists gauge ...
Social Security beneficiaries saw the biggest cost-of-living adjustment in 40 years for 2023. But as inflation subsides, next year's benefit ... Social Security and Medicare policy analyst at ...
But next year's benefit adjustment is shaping ... noted Mary Johnson, the Social Security and Medicare policy analyst at the Senior Citizens League. "The trend has been a decline in the inflation ...
Even with the new spending restraints in the debt limit deal, the U.S. government's deficits are still on course to keep ...
Behind the mutual recriminations between the two capitalist parties, there is a basic agreement: All of the social gains made by the working class in the course of more than a century of struggle must ...
The 2023 Social Security raise is the highest since 1981 and the fourth-largest COLA in the program's history. In the decade ... Medicare participants will pay lower premiums next year.
Many congressional Republicans support what they see as a logical way to keep key parts of the federal government running if it hits the current debt limit before there is an agreement to raise it ...
Even with the new spending restraints in the debt limit deal, the U.S. government’s deficits are still on course to keep climbing to record levels over the next few decades.
First priority would be principal and interest on the public debt, as well as Social Security and Medicare benefits. Next in line would be bills incurred by the Pentagon and the Department of ...
