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Social Security benefits look poised for a so-called "Trump **** p" in 2027.
But if that sounds like good news, it isn't.
In fact, some could call it a symptom of President Donald Trump's failed economic policy and geopolitical misadventures.
That's because the Trump **** p originates from Social Security's annual cost-of-living adjustment or COLA. Every year, the agency adjusts the benefit payments to keep up with cost-of-living increases, and this year inflation is hot enough to justify a larger adjustment.
#living #moneywise
Social Security benefits look poised for a so-called "Trump **** p" in 2027.
But if that sounds like good news, it isn't.
In fact, some could call it a symptom of President Donald Trump's failed economic policy and geopolitical misadventures.
That's because the Trump **** p originates from Social Security's annual cost-of-living adjustment or COLA. Every year, the agency adjusts the benefit payments to keep up with cost-of-living increases, and this year inflation is hot enough to justify a larger adjustment.
#living #moneywise
1 month ago