Supplemental Security Income

Only a 1.5 percent increase for Social Security

Only a 1.5 percent increase for Social Security

Social Security benefits for nearly 58 million people will increase by 1.5 percent next year, the government announced Wednesday. The increase is among the smallest since automatic adjustments were adopted in 1975. It is small because consumer prices haven’t gone up much in the past year. The annual cost-of-living adjustment, or COLA, is based on […]

Republicans thumb noses at senior citizens again

Republicans thumb noses at senior citizens again

House and Senate Republicans on Wednesday thwarted Democratic efforts to award $250 checks to Social Security recipients facing a second consecutive year without a cost-of-living increase. President Barack Obama and Democrats have urged approval of the one-time payment, saying seniors barely getting by on their Social Security checks face undue hardships without the COLA increase. […]