WV Center on Budget and Policy > Press > WVCBP in the News > Lawmakers Debate Social Security Benefit Modification

Lawmakers Debate Social Security Benefit Modification

February 24, 2013

To cut the federal deficit, several Congressional leaders, as well as the White House, are talking about the possibility of modifying how Social Security benefits are calculated. Read

Social Security’s annual cost-of-living adjustment (COLA) is currently calculated using the Consumer Price Index (CPI) released annually by the United States Bureau of Labor Statistics.