Every October, Social Security’s cost-of-living adjustment (COLA) becomes one of the most closely watched numbers in American personal finance. For the more than 71 million Americans who rely on retired-worker, disability, or survivor benefits, that single percentage determines how much further — or how much less far — their monthly check will stretch the following year.
Heading into 2027, that number is shaping up to be unusually large, and unusually political. Analysts are now calling it a second consecutive “Trump bump,” a COLA increase driven in meaningful part by the administration’s trade and foreign policy decisions rather than by ordinary economic conditions.
I appreciate the bump. I would appreciate even more if Congress had to repay all those Worthless IOU’s they left when they STOLE monies from Social Security. The money was never the government’s, it was mandatory that employee and employers had to pay into on wages earned. Congress made themselves exempt on paying into Social Security. And not only should they pay all that money back, they should have to pay interest accured!
This is appreciated. But what would be appreciated even more is if Congress had to repay all those WORTHLESS IOU’s they left when they stole monies from Social Security. It was never government money, it was money employees and employers were forced to pay in on wages. This mandate was done by the government. And Congress and government staff made themselves EXEMPT from having to pay into Social Security. I’d like to see them pay all the monies back (Social Security might become solvent again!)
AS the year winds down each year I look at the years INFLATION . Looking at the COL and what it takes to live OUR COL dosen’t comeout the same .COL is costing PEOPLE MORE and MORE every year . We get raises then you GO UP ON MEDI CARE and there gos our raises. Our SSI ISNOT KEEPING UP with the INFLATION when GAS and DEISEL are so high we can’t BUY IT. AND FOOD IS SO HIGH/ THE COST OF HAMBURGER is so high ESPECIALLY when its made of meat scraps and pecentage fat scraps cheepest produced meat. Hamburger meat should the 1/2 the price like $1.00 a LB. I worked in aPACKING HOUSE a longtime many YEARS . Our COLA RAISES SHOULD BE ABOUT A 5.0% TO 6.0% a YEAR TO KEEP UP . I know theirs alot of bills to pay but the people WORKED FORIT. I ALWAYS VOTE REPUBLICAN .TRUMP IS THE BEST . GOD BLESS AMERICA and keepTHE US FREE
illegals pay taxes but aren’t eligible for benefits! Read up on the Social Security laws and you will see that you don’t automatically qualify and it depends on how much you were earning when you were paying into social security so you must not have had a good paying job!
I only get $838 a month when illegals that never paid a single dime into SS get over $4000 a month why is this??
So we seniors get an average of what we paid in over the 40 quarters to qualify!!
So maybe if I had come across the border illegally I would qualify for the total amount of over $4000 plus. With free healthcare 😳
I just don’t get why when we turn say 62 and worked the 40 quarters we all don’t get max???
Instead we work our asses off and our benefits go to these illegals who never qualified ever. Please 🙏 make sense of this as I see lots of my older folks friends that can’t make if off of there benefits cause they only get the $800 or less like myself.???
I don’t understand these SS and retirement payments for the American people? It just seems they are made to help illegals and destroy the second class of American citizens.
Please Trump Take the benefits away from the non American citizens and give the retirement age Americans a better retirement plan!!