Ask Rusty – About Computing COLA and Congressional Pay Increases

Dear Rusty: What determines the amount of the cost of living increase for Social Security as compared to the cost of living increase for Congress? Last year Social Security got less than 2 percent, while Congress got a 10 percent cost of living increase. Why the double standard? What items are used to determine the cost of living increase? Signed: Inquiring Mind Dear Inquiring Mind: I...

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