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Jim Carlin on Social Security

 

 


Increase Cost-of-Living Adjustment to reflect rising prices

Social Security and Medicare are headed toward bankruptcy. Absent legislation to preserve it, the so-called trust funds will be depleted within 15 years, and millions of seniors will face cuts in their monthly benefits. The Social Security and Medicare Program must be made solvent and secure for the next generation. The Cost-of-Living Adjustment should be increased for current recipients to accurately reflect the rising prices of food, shelter, medicine and prescription drugs.
Source: 2021 Iowa Senate campaign website CarlinForUSSenate.com , Mar 7, 2021

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Page last updated: Jun 10, 2021