Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.
The federal government recalled some furloughed workers specifically to produce the inflation report, which plays a key role ...
The Social Security Administration looks at year-over-year changes to the CPI-W. It does this specifically for data from the third quarter of the year (the months of July, August, and September). The ...
The annual cost-of-living adjustment for Social Security benefits is based on how inflation is running in the third quarter. The formula reflects monthly changes for July, August and September for the ...
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