In Social Security…We Trust

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On April 23, 2012, the Social Security Board of Trustees released its 2012 annual report on the financial health of the Social Security Trust Funds (formally the Old-Age and Survivors Insurance and the Disability Insurance Trust Funds). Like previous annual reports, this one contains estimates of revenues and expenditures of the Trust Funds for the […]

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In the Interest of Social Security

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In its deliberations to develop a plan to reduce the federal deficit by more than a trillion dollars over the next decade, the Joint Select Committee on Deficit Reduction considered a proposal to calculate cost-of-living adjustments (COLAs) in all government programs using the Chained Consumer Price Index-Urban (C-CPI-U), rather than the Consumer Price Index (CPI-U).

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