Health care costs and prescription drug prices almost always go up. Rents have gone up. Food prices have also gone up, even though the price of oil has gone down. But the federal government is saying those on Social Security do not need a cost-of-living increase in 2016.
There is a war on social security and America is losing the battle. One constant in the fiscal cliff negotiations is the agenda to cut your retirement benefits by a ruse, a lowering of the inflation adjustment.
After putting controversial cuts to Social Security and Medicare on the table in negotiations with congressional Republicans over a plan to raise the nation's debt ceiling, President Obama still doesn't have a deal in the works. Emerging from a meeting with congressional leaders on Thursday, Obama said that both sides in the negotiations would find the ultimate outcome "painful." He also explained that the two sides had not yet arrived at an accord, but would reconvene talks on Sunday.
"I want to emphasize that nothing is agreed to until everything is agreed to," Obama said, adding that the talks were conducted "in a spirit of compromise" but that the parties "are still far apart on a wide range of issues."
There is a war on social security and America is losing the battle. One constant in the 
Recent comments