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Social Security checks could jump 8.6%, biggest hike since 1981, expert says
Cbsnews ^
| 05/11/2022
| Aimee Picchi
Posted on 05/11/2022 6:24:15 PM PDT by ChicagoConservative27
Seniors and other people who rely on Social Security benefits could next year see their biggest cost-of-living adjustment since 1981, with an advocacy group for older Americans forecasting an 8.6% hike.
The typical monthly Social Security check is about $1,658, which means beneficiaries could see an increase of $142.60 per month in early 2023, bringing the average check to about $1,800, according to a new forecast from the Senior Citizens League.
(Excerpt) Read more at cbsnews.com ...
TOPICS: Culture/Society; Government; News/Current Events; Politics/Elections
KEYWORDS: 1981; checks; hike; socialsecurity
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We just sent 40 billion to the piano player in the Ukraine. Where is this money coming from???
To: ChicagoConservative27
On one hand it won’t be enough to offset the higher prices, and on the other hand it will fuel more inflation.
We’ve seen this movie before.
2
posted on
05/11/2022 6:26:14 PM PDT
by
BenLurkin
((The above is not a statement of fact. It is either opinion, or satire. Or both.))
To: ChicagoConservative27
“ Where is this money coming from??? ”
Bureau of Engraving and Printing
3
posted on
05/11/2022 6:26:55 PM PDT
by
Jim Noble
(Love's redeeming work is done)
To: ChicagoConservative27
Next year?
Next month would seem to be more appropriate.
4
posted on
05/11/2022 6:27:20 PM PDT
by
Paladin2
To: Jim Noble
Now it’s all digital.
Free electrons for everybody!
5
posted on
05/11/2022 6:28:00 PM PDT
by
nascarnation
(Let's Go Brandon!)
To: ChicagoConservative27
Thin air and a promise that future Americans will produce enough to cover it.
6
posted on
05/11/2022 6:28:40 PM PDT
by
BradyLS
(DO NOT FEED THE BEARS!)
To: Paladin2
They won’t calculate until Nov and it won’t go into effect until 2023.
7
posted on
05/11/2022 6:29:13 PM PDT
by
McGavin999
(To shut down the border tell the administration the cartel is smuggling Ivermectin )
To: BenLurkin
Might as well go out with a bang!
8
posted on
05/11/2022 6:29:31 PM PDT
by
refermech
To: BenLurkin
And we’re in the umpteenth direct-to-video sqeaquel.
9
posted on
05/11/2022 6:29:49 PM PDT
by
BradyLS
(DO NOT FEED THE BEARS!)
To: Jim Noble
“Bureau of Engraving and Printing”
It’s mostly electronic now.
10
posted on
05/11/2022 6:30:38 PM PDT
by
dynachrome
(I have the eye of a tiger, the heart of a lion, and a lifetime ban from the zoo)
To: ChicagoConservative27
COLA’s keep the old and disabled on the democrat plantation.
To: ChicagoConservative27
12
posted on
05/11/2022 6:32:39 PM PDT
by
NetAddicted
(Just looking)
To: McGavin999
SS don’t have computers?
There could be a daily update with the current tech level of Big Data.
13
posted on
05/11/2022 6:33:02 PM PDT
by
Paladin2
To: ChicagoConservative27
Where is this money coming from??? You, via your taxes and the wealth you lose from your savings/investments/purchasing power when they print more money and thus devalue yours.
To: ChicagoConservative27
Is this anything like the climate change fortune tellers?
15
posted on
05/11/2022 6:35:38 PM PDT
by
Libloather
(Why do climate change hoax deniers live in mansions on the beach?)
To: refermech
16
posted on
05/11/2022 6:36:37 PM PDT
by
skimbell
To: ChicagoConservative27
Not enough to offset my home owners insurance, property tax, gas prices, utilities, food and medicine.
I’m quickly getting priced out of my own home. Thanks, joe.
17
posted on
05/11/2022 6:36:51 PM PDT
by
devane617
(RUN FOR LOCAL ELECTED OFFICE! COUNCIL,SCHOOL BOARD, ETC.)
To: Houserino
“...COLA’s keep the old and disabled on the democrat plantation...”
-
I call bullshit on that.
18
posted on
05/11/2022 6:37:31 PM PDT
by
Repeal The 17th
(Get out of the matrix and get a real life.)
To: ChicagoConservative27
Then thay’d jack up Medicare deduction so you wind up with less.
19
posted on
05/11/2022 6:38:02 PM PDT
by
Bonemaker
(invictus maneo)
To: ChicagoConservative27
At the rate inflation is growing, 8.6% may be short by the time it goes into effect, as was the 5.9% SS recipients got for 2022 — minus the big Medicare Part B premium increase.
20
posted on
05/11/2022 6:38:31 PM PDT
by
TomGuy
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