Congress, through inaction, gave themselves a 2.5% raise. That's more than people living on Social Security received.
The adjustment will increase the average monthly Social Security retirement benefit by $24, to $1,079. It is based on the rise in the consumer price index in the third quarter, a figure the Labor Department released yesterday.
With Congress getting $4,000 more, their monthly increase is $333.33. That's nearly the car payment for a Cadillac CTS. Meanwhile, seniors are barely getting a half a tank of gas.
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