COLA

Unlikely Allies Against a COLA Change for Social Security

Posted on 02/5/2013 by | News | Comments

Bulletin Today | Money & Savings | PoliticsDavid Certner, AARP legislative policy director, and Andrew G. Biggs, a resident scholar at the American Enterprise Institute for Public Policy Research, are both against a proposed change in the formula that’s used to calculate Social Security cost-of-living adjustments. That Certner and Biggs would find common ground is surprising, considering how often AARP and the AEI, a Washington, D.C., think tank, are at odds on policy issues. How surprising? Here’s Biggs’ opening remark at their moderated discussion on the issue: …

Senate Leaders Offer Dour Take on ‘Cliff’ Talks

Posted on 12/30/2012 by | General News | Comments

PoliticsBy Alan Fram and Andrew Taylor of The Associated Press WASHINGTON (AP) — The top Senate negotiators on the effort to prevent the government from going over the “fiscal cliff” offered a pessimistic assessment Sunday, barely 24 hours before a deadline to avert tax hikes on virtually every American worker. But negotiations continued, with Vice President Joe Biden taking on a new role. With the two sides differing on the income threshold for higher tax rates and how to deal …

Over the Fiscal Cliff: What Kind of Landing?

Posted on 12/26/2012 by | General News | Comments

Bulletin Today | PoliticsBy Connie Cass of The Associated Press WASHINGTON (AP) — Efforts to save the nation from going over a year-end “fiscal cliff” were in disarray as lawmakers fled the Capitol for their Christmas break. “God only knows” how a deal can be reached now, House Speaker John Boehner declared. President Barack Obama, on his way out of town himself, insisted a bargain could still be struck before Dec. 31. “Call me a hopeless optimist,” he said. A look at why …

Tell Washington Not to Cut Social Security for Current Recipients

Posted on 12/19/2012 by | Grassroots Advocacy | Comments

Money & Savings | PoliticsPresident Barack Obama and House Speaker John Boehner are deep into negotiations on a fiscal cliff deal — and unfortunately, the hard-earned Social Security benefits of current retirees, veterans and workers with disabilities are on the table. The chained CPI proposal is positioned as a ‘slight tweak’ to the Social Security cost-of-living-adjustment (COLA). The problem is that for people who have paid into Social Security for decades, many of whom are barely scraping by with an average monthly income of under $1,300, …

A Look Back – and Thank You

Posted on 12/29/2011 by | Grassroots Advocacy | Comments

PoliticsAs the year winds down, we find ourselves pondering what really mattered in the last 365 days.  For us, the answer is easy – you.  Your petitions, phone calls, and emails to legislators made it possible for us to accomplish so much to improve the lives of older Americans in this country – and for that we are most grateful.

The Takeaway: COLA Increase Likely; Avoiding ‘Government Shutdown’ For Good

Posted on 10/4/2011 by | Brooklyn, NY | Comments

News RoundupsAfter two years with no increase in Social Security cost-of-living allowances (COLA), benefits are expected to rise as much as 3.5 percent in 2012 … For the 14th year in a row, Congress missed the deadline for passing a budget bill for the upcoming fiscal year (is there a better way?).

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