1.After mass hysteria about old people being forced to eat canned dog food in the 70's, Congress instituted automatic COLAs applied yearly and indexed to inflation.
2.The ONLY two years in which there were NO adjustments were 2010 and 2011,under the Obama admin.
3.The two LOWEST COLAs were 1.5% for last year and this year,under the Obama admin.
4.This latest bi-partisan "deal" Will suspend ALL adjustments for ALL veterans who receive military retirement or disability pensions.
5. $750,000,000,000 has been taken from the worker paid SSA fund and will be used to fund the massive increase in Medicaid enrollments over the next 10 years.Also,the amounts that will be paid for life supporting,expensive medications typically used by the above mentioned elderly and disabled will be drastically reduced,thus drastically INCREASING the co-pays and direct costs to the above mentioned pensioners. Medicaid recipients,unlike ME,get ALL their medications free.They have NO co-pays or deductibles of any kind.
Speculation: I have always said that the ACA was designed to transfer as much of the hard earned SSA fund to the Medicaid program in an effort to increase those dependant on a Democrat dominated and managed government. Nobody in their right mind can tell ME that my cost of living has only gone up 3% in the last 4 years.