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No COLA in 2010 for Social Security

October 15, 2009 - 5:28pm

Federal News Radio Senior Correspondent Mike Causey
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Regular Federal News Radio listeners already knew that the COLA was a long shot. Now, the Social Security Administration has confirmed it. The cost of living adjustments are pegged to inflation, which is negative this year because of lower energy costs.

Federal News Radio Senior Correspondent Mike Causey warned you that this would happen - way back in April!

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