As reported in CNBC.com 10/12/2010
Looks like Social Security recipients will not receive any raise in their checks going forward. The last time their checks were adjusted based on the COLA ( Cost of living adjustment) was in 2008.
The first step to the fact that the SS fund will go negative starting in 2011 so I guess they should be happy they are receiving it at all.
Look out .. old, weary, tired and sick, here comes nothing.
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