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jehop61

(1,735 posts) Tue Dec 18, 2012, 07:02 AM Dec 2012

Regarding the new COLA cuts in Social Security proposed by Obama [View all]

I'm not going to get too upset about it. Just got my COLA notice for the upcoming year. After accounting for the raise in my Medicare premium, I will realize exactly $3.00 a month more! Guess I can go to McDonald's once a month now.

7 replies

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Regarding the new COLA cuts in Social Security proposed by Obama [View all] jehop61 Dec 2012 OP

Explain to me how Social Security contributes to the deficit KeepItReal Dec 2012 #1

Yeah, that's the ticket. I'm with you, I received a whole $17 more a month so of course COLA should monmouth3 Dec 2012 #2

Glad you got yours. Cobalt Violet Dec 2012 #3

How nice for you. As for me, being 20 years away from it... JHB Dec 2012 #4

Chained CPI.... 33Greeper Dec 2012 #5

Best explanation I've seen yet n/t eridani Dec 2012 #6

I'll explain uit to you edhopper Dec 2012 #7