Blog Archive

Blog Archive

Sunday, October 24, 2010

postheadericon Social Security COLA and impacts on seniors (Rep. Phil Roe)

On Friday, the Social Security Administration announced there would be no cost-of-living-adjustment (COLA) for 2011, which marks the second consecutive year that there will be no COLA. While the consumer price index (CPI) shows that average prices on a number of categories haven’t risen, that’s not the experience for a lot of East Tennesseans, particularly with our difficult economic environment.

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