Birdwatch Note Rating
2022-11-02 15:49:15 UTC - HELPFUL
Rated by Participant: 1EEAC9C3C9F184FB96704CBFA97EEF1F08A8420C10BEA0B295FBBE15E9C1203F
Participant Details
Original Note:
Seniors will receive a large Social Security benefit increase due to the annual cost of living adjustment, which is based on the inflation rate. President Nixon in 1972 signed into law automatic benefit adjustments tied to the Consumer Price Index. Pub. L. No. 92-336 (1972). https://www.ssa.gov/history/1972amend.html
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