Reported 2 months ago
With the upcoming U.S. presidential election, questions arise about how Social Security cost-of-living adjustments (COLAs) may change if Kamala Harris wins against Donald Trump. Harris has advocated for using a new inflation measure, the Consumer Price Index for Elderly Consumers (CPI-E), which may alter COLAs compared to the current metric. The overall inflation impact will depend on both candidates' policies and which party controls Congress, making the future of Social Security COLAs uncertain.
Source: YAHOO