Think of it this way. The adjustment happens after inflation has already done its job damage. Over the last 15 years, Social Security benefits have lost 20% of their buying power. The Trump administration has announced that the cost of living increase for 2026 is about 2.8%. That's an average of just about $56 extra each month. Think about $56. (04:51–04:59)
CLAIM
Asserts that Social Security benefits have lost 20% of their buying power over the last 15 years.
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