With just 13 days before the election, and early voting already underway, Pennsylvania U.S. Senate candidates John Fetterman and Mehmet Oz met Tuesday in Harrisburg at WHTM Television, for their first and only debate. It was a chance for voters to finally compare Republican Oz, a heart surgeon and television personality, next to Fetterman, Pennsylvania’s…
6 Takeaways From Fetterman–Oz Pennsylvania Senate Debate
With just 13 days before the election, and early voting already underway, Pennsylvania U.S. Senate candidates John Fetterman and Mehmet Oz met Tuesday in Harrisburg at WHTM Television, for their first and only debate. It was a chance for voters to finally compare Republican Oz, a heart surgeon and television personality, next to Fetterman, Pennsylvania’s…
Feds Warn That Offers to Increase Your Social Security Benefits Are Scams
The Social Security Administration (SSA) is warning Americans not to trust unexpected offers to activate a Social Security benefit following the agency’s announcement that it would make a higher-than-usual cost-of-living adjustment for 2023. “That unexpected offer from the Social Security Administration to activate a benefit increase is from a criminal and not the real SSA….
Social Security COLA for 2023
In mid-October every year, the Bureau of Labor Statistics releases its much-anticipated report on changes (usually increases) to the Consumer Price Index over the past 12 months. Why is this little, esoteric government report—actually called the Consumer Price Index for Urban Wage Earners and Clerical Workers—so popular? Because for the past 48 years, it’s the…
4 Things to Know About Highest Social Security Cost-of-Living Increase in Decades
Social Security payments will increase by an average of more than $140 per month after the Social Security Administration (SSA) announced the largest cost-of-living adjustment (COLA) since the early 1980s. The COLA will increase by 8.7 percent for 2023, the SSA confirmed on Oct. 13. But not all federal retirees will see that amount added to their…
Capitol Report (Oct. 13): Biden Agrees to Allow 24,000 Venezuelans Into US; Biggest Social Security Benefit Hike Since 1981
October 13, 2022
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All eyes are on inflation. A key indicator is rising, surpassing expert forecasts for September. Along with rising prices, home mortgage rates have skyrocketed over the past year. Ohio Congressman Bill Johnson joins us to discuss. The Biden administration is breathing life into a Trump-era rule to send illegal border crossers from Venezuela out of…
How Many Years Until You Retire
When it comes to retirement, there is no one size fits all approach. For instance, some people have decided to join the Financial Independence, Retire Early (FIRE) Movement in order to retire early—sometimes in their 30s or 40s. In contrast, others continue working until their 60s or 70s before they retire. According to the Social…
Social Security Announces Biggest Payment Hike in 40 Years: Here’s When You’ll Get It
The Social Security cost-of-living adjustment (COLA) will be 8.7 percent for 2023, the highest increase in 40 years, according to a Thursday announcement from the Social Security Administration. That increase tops the 5.9 percent adjustment that was implemented in 2022, which at the time was the highest in decades, amid surging inflation. The last time the Social…
Social Security Announces Biggest Payment Boost in 40 Years: Here’s When You’ll Get It
Social Security benefits will increase by 8.7 percent in 2023, the biggest boost in 40 years, the Social Security Administration announced on Oct. 13. The cost-of-living (COLA) adjustment will bolster retirees’ monthly payments by an average of more than $140 per month. “The 8.7 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 65 million…
Here’s How Much the White House Is Expecting Social Security Payments to Increase
The White House on Wednesday predicted that people receiving Social Security payments will see a $140 per month increase when the Social Security Administration is slated to announce a cost of living adjustment (COLA) on Thursday. “Tomorrow, seniors and other Americans on Social Security are will learn precisely how much their monthly checks will increase—but experts forecast…
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