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arts / rec.arts.tv / Happy Days Are Here Again

Happy Days Are Here Again

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by: chromebook test - Sun, 14 Aug 2022 18:15 UTC

Social Security Benefits Are Heading for the Biggest Increase in 40 Years
By Anne Tergesen Aug. 10, 2022
https://www.wsj.com/articles/social-security-benefits-are-heading-for-the-biggest-increase-in-40-years-11660138256

Social Security recipients are on track to receive the highest cost-of-living increase in more than four decades next year.

Social Security checks get an inflation adjustment every year based on the Consumer Price Index for Urban Wage Earners and Clerical Workers. In determining the cost of living adjustment, or COLA, the Social Security Administration compares the average figures for July, August and September to the index’s average level over the same period a year earlier.

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WSJ discussing a 10% COLA increase for Social Security for 2023.

A 10% increase for all US Entitlements (SSA & HHS, not just SSA) combined w/just a plain vanilla recession decline in tax receipts (down 20%) would leave Entitlements representing ~90% of US tax receipts.

https://twitter.com/LukeGromen/status/1558815357279821826

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https://www.youtube.com/watch?v=Zvk_uLnv4uo

TAGS: what, this, country, needs, is a good, 5 cent, senior viral infection ...

https://www.statista.com/statistics/1191568/reported-deaths-from-covid-by-age-us/

Subject	Author
Happy Days Are Here Again	chromebook test