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Social Security COLA for 2020: Blame Bureau of Labor Statistics, DOL
Stay up to date while navigating the crucial yet complicated world of Social Security.
For decades, the fate of Social Security, the country’s largest federal program, the largest source of retirement income for most seniors, and the second largest source of revenue for the Treasury Department’s coffers, has been well known.
That hasn’t kept lawmakers from dancing around the issue at the margins, if not avoiding the political third rail–a term coined by Speaker of the House Tip O’Neil in the 1980s–altogether.
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