Social Security just announced that there will be no increase in benefits, for only the third time in the last 40 years.
At the beginning of each year there is usually a cost of living adjustment, giving seniors and veterans more money in their pocket to afford basic needs.
This year, gas prices are low and because of the way the government calculates inflation, they're saying there's no need for a Social Security benefit increase. But we know that rent keeps rising. So does the cost of groceries, health care, medicine, and more. Without a cost of living increase, many people on Social Security will struggle to pay their bills.
We have to do something about it before January 1. And Elizabeth Warren has an answer: the SAVE Benefits Act. We don't have a lot of time. Will you join DFA and help Elizabeth Warren build public support for an emergency boost to Social Security benefits? Add your name and become a citizen co-sponsor of the SAVE Benefits Act!