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Gas Prices+Social Security

Congress has yet to address a looming funding shortfall that could leave the retirement program unable to pay 22 percent of scheduled benefits by 2032.

Sources (1)· Oct 15, 5:40 PM

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COLA Lift for Social Security Not Enough, Say Critics, as Trump Economy Makes Life Harder for SeniorsThe rising cost of healthcare and other essentials means that the modest cost-of-living adjustment for about 76 million Social Security beneficiaries, announced Wednesday by Social Security Administrator Frank Bisignano, is likely to make only a small difference for senior citizens struggling to afford gasoline and groceries, said economic justice…

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