CPI-W

Congress considers CRS proposal to increase social security benefits, retirement security

Congressman Alan Grayson requested a memo that would lead to higher Social Security benefit increases and improve the retirement security of the elderly. The Congressman came up with a proposed legislation called "Seniors Deserve a Raise Act." It would give recipients of Social Security an increase that offsets the 40-year shortfall and make the CPI-E permanent. It will be filed when the Congress reconvenes.

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