COLA Debate: Impact of Changing Social Security Index
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Vineri
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The Social Security Administration's 2.8% COLA for 2026 sparks debate as only 10% of seniors are satisfied. The CPI-W method is under scrutiny, with proposals to switch to CPI-E or temporarily boost benefits. However, data shows minimal difference in benefits, highlighting the complexity of adjusting for seniors' spending habits.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
