Birdwatch Note Rating
2022-11-02 14:38:47 UTC - HELPFUL
Rated by Participant: 4A5F4A9DBC4844EAA5A46CDF9F2FA165A043D7064FC7B2C0FBDC3BD14FB04E72
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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