Birdwatch Note Rating
2022-11-02 14:40:41 UTC - HELPFUL
Rated by Participant: BF9E3184715AD3D9CFBEB094A95CE8B4A58E45DA205615844B834F3A224CC44C
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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