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Tag Archives: lawmakers

House Lawmakers To Propose Emergency 3% Social Security Cost Of Living Adjustment

Two congressional Democrats believe the Social Security Administration’s 1.3% cost-of-living adjustment (COLA) is not enough. Reps. Peter DeFazio (D-OR) and John Larson (D-CT) are working on a bill to raise the Social Security COLA adjustment to a 3% emergency increase next year, due to the coronavirus pandemic. “Due to the COVID-19 pandemic, seniors are facing…

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