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    What is the basis to calculate annual increases in Social Security benefits?

    0  Views: 322 Answers: 1 Posted: 13 years ago

    1 Answer

    The Government inflation indicator is the basis for determine the SS cost of living adjustment.


    The way Obama and the Democrats in Congreess are borrowing $1.40 for every $1 they spend, you can expect the index to go up substantially every year and for years to come, further reducing the time point at which Social Security will go bankrupt.


    We MUST get these nuts out of office in November or the country is destined to become another Greece


    The Republican controlled House of Representative, where all spending bill originates, has sent at least thirty three "job saving" and "reduced spending" bills to the Senate over the past several year but the Democrat Controlled Senate has yet to bring even one of them to the floor for a vote.  It is a sad sad situation.


     

    zorro

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