They can blame low gas prices.
By law, the annual cost-of-living adjustment, or COLA, is based on a government measure of inflation, which is being dragged down by lower prices at the pump.
The government is scheduled to announce the COLA — or lack of one — on Thursday, when it releases the Consumer Price Index for September. Inflation has been so low this year that economists say there is little chance the September numbers will produce a benefit increase for next year.
Prices actually have dropped from a year ago, according to the inflation measure used for the COLA.
Source Article from https://www.freedomsphoenix.com/News/184658-2015-10-11-lower-gas-prices-means-no-social-security-increase-next-year.htm?EdNo=001&From=RSS
Related posts:
Mad world where peace is war - War and Peace revisited
The 9/11 Vegas mystery: Why DID hijackers visit Sin City five times before attacks?
ISIS Showcases Massive Arsenal Of American-Made Weapons In New Video
Update on Reader Survey: A Treasure Trove of Ideas!
‘New York Times’ finally tells its readers: Netanyahu is ‘dangerous’
US Is Preparing World War III Against Russia, Says Journalist