Dear Conservatives,
This year, seniors like you are receiving the lowest Social Security cost-of-living adjustment (COLA) paid in the last decade. And if the politicians have their way, your Social Security checks will keep getting smaller and smaller!
Like you, I believe the Social Security COLA that seniors receive should fairly and honestly reflect the increase in your actual cost-of-living expenses. But instead, politicians and bureaucrats in Washington, D.C. want to substitute the so-called "chained COLA" which would cut your benefit calculation and result in smaller checks than you earned and deserve. We need your help to push back harder than ever against the move to a "chained COLA" calculation.
The Congressional Budget Office (CBO) and the Joint Committee on Taxation have even boosted previous estimates and now say that switching to the chained consumer price index (C-CPI) will cut your Social Security and other federal retirement benefits by $198 billion over the next 10 years.
