They are going to raise the SS payment amount.....then they will take most of it away in a increased rate for medicare payments.
The only reason they are raising the SS amount is because it is an election year and they do not want people to see how the medicare deduction is rising. It will rise even more in the following year.
Sorry, while it's convenient to believe that, it's simply not true.
The CPI calculations for Social Security benefits have been in place for years. See my explanation here:
http://www.freerepublic.com/focus/news/2794772/posts?page=9#9
Being an election year has nothing to do with it.