Lower gas prices mea no SS increase next year

Read last month (somewhere)....there would be a 1.2 or 2 percent increase.
 
No increase due to low gas prices is what I saw on the news.
 
Reba said:
No increase due to low gas prices is what I saw on the news.
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But the cost of food seem to had gone up to me , the cost of meat is crazy . A dollar for one grapefruit and before it was 4 for a dollar .
 
whatdidyousay! said:
But the cost of food seem to had gone up to me , the cost of meat is crazy . A dollar for one grapefruit and before it was 4 for a dollar .
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Same here in Florida...and rental increases are out of this world too....I don't see too many seniors on SS driving very much ??...so why should it affect the seniors?
 
rockin'robin said:
Same here in Florida...and rental increases are out of this world too....I don't see too many seniors on SS driving very much ??...so why should it affect the seniors?
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because SS COLA formula is flawed so it need to be reformed.

Yes, rental properties are filling very fast here and there are apartment shortage so landlords are not willing to build more apartments to ease the shortage.

High vacant = lower rent, low vacant = higher rent.

It is usually happening in southern states, denser part in northern and western states.

Also racial profiling, most cities in my state banned apartments due to fear of low income minorities.
 
According to 'USA Today 'the Feds will get 1.3% raise in 2016. I can't post the link b/c you need a subscription to read the story . I bet the government will give themselves a nice fat increase!
 
whatdidyousay! said:
According to 'USA Today 'the Feds will get 1.3% raise in 2016. I can't post the link b/c you need a subscription to read the story . I bet the government will give themselves a nice fat increase!
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Just copy and paste the article with source.
 
Foxrac said:
Just copy and paste the article with source.
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I can't I kept a popup to subscribe to it . I was not able to read the whole story . You're only allowed certain numbers free pages to read and I used mine all up.
 
whatdidyousay! said:
I can't I kept a popup to subscribe to it . I was not able to read the whole story . You're only allowed certain numbers free pages to read and I used mine all up.
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I just found it.

WASHINGTON — President Obama intends to give federal employees — both civilian and military — annual raises averaging 1.3% in 2016, the White House told Congress on Friday.

It's the largest annual cost-of-living increase for federal employees since 2010, after pay freezes in 2011, 2012 and 2013.

For uniformed military services, the 1.3% raise will be to the monthly base pay. For civilians, there will be an across-the-board raise of 1%, with larger raises in different parts of the country bringing the average pay increase to 1.3%.

Federal law allows the president to adjust pay rates up or down if he determines there is a "national emergency or serious economic conditions affecting the general welfare." The president must notify Congress by Sept. 1 of each year of that determination, which he did Friday. The executive order granting the raises will likely come in December to take effect Jan. 1.

The White House did not say how much the raises would cost, but last year's 1% pay raise for civilian workers had a cost of about $2.5 billion.
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http://www.usatoday.com/story/news/...ral-employee-1-3-percent-raise-2016/71328688/
 
Oh wow, the congress needs to pass the bill to pass 1.3% raise to SS recipients.

Some representatives scream that they need $$$ for their fancy house. :roll:
 
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