'Seniors are getting the biggest increase in their Social Security checks in 10 years through President Biden's leadership,' the White House tweeted.
"And on my watch, for the first time in 10 years, seniors are getting an increase in their Social Security checks," Biden said."So, checks are going to be up and Medicare payments are going to be down."
Seniors are getting the biggest increase in their Social Security checks in 10 years through President Biden's leadership.The official White House account tweeted:"Seniors are getting the biggest increase in their Social Security checks in 10 years through President Biden's leadership." Twitter then added a"context" label below the tweet, adding information that it"thought people might want to know." The label reads that people"will receive a large Social Security benefit increase due to the annual cost of living adjustment, which is based on the inflation rate."
It also references how in 1972, President Richard Nixon signed into law automatic benefit adjustments tied to the Consumer Price Index. One aspect of that legislation included a very minor debt extension bill with a rider authorizing automatic Cost of Living Allowances . President Joe Biden speaks during a rally at Florida Memorial University on November 1, 2022, in Miami Gardens, Florida. Biden and the White House touted increases in Social Security payments for seniors.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
PolitiFact - New Hampshire GOP Senate candidate Don Bolduc has advocated privatizing Medicare and Social SecurityIn the New Hampshire U.S. Senate race, Republican candidate Don Bolduc has advocated privatizing Medicare and Social Security. Recently, his campaign said he has changed his mind on those positions.
Leer más »
As Election Day approaches, Democrats warn of possible repercussions for Social Security and MedicareDemocrats, including President Joe Biden, have said the midterm election may shape two government programs retirees rely on, Social Security and Medicare.
Leer más »
Biden tears into GOP, labels DeSantis ‘Trump incarnate'President Joe Biden is campaigning hard, one week before the midterm elections, tearing into Republicans for proposals to undo prescription drug price caps and change Social Security and Medicare
Leer más »