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Social Security escalator proposal eyed in new Congress
Washington reports a possible automatic cost of living increase in Social Security benefits as a key GOP target. The plan would tie benefit raises to the consumer price index, triggering adjustments every year if inflation stays above set thresholds, with support from Reps. LaGuardia and Byrnes and potential administration backing.
MENTIONED IN THIS ARTICLE
Washington
Congress
Johnson
Kerry
Melvin R. Lainding
John W. Byrnes
Wisconsin