Inflation | The Biden Admins Silent Tax on Seniors Will Cost Democrats in the 2024 Election

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Social Security isn’t keeping up with inflation. That will weaken Biden’s support among the huge seniors voting group

'...This squeeze could also politically influence some seniors, a key voting group, potentially weakening some of their support for President Joe Biden. Some polls have shown that Americans generally disapprove of Biden’s handling of the economy compared with former President Donald Trump, his presumptive rival in November’s election who enjoyed much tamer inflation during his administration. ...'

Reference: www.cnn.com
Tags: The Biden Admins Attack on Retirees (Inflation is the Democrats Silent Tax on Retirees),

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January CPI preview: Inflation likely rose 0.5% in 2023's first month

'Inflation is projected to have risen in the first month of the year, defying optimism from investors and officials over a steady move lower seen in recent readings. While the monthly CPI figure likely rose in January, the annual headline number is projected to come down to 6.2% from 6.5% the prior month, according to consensus estimates compiled by Bloomberg. The Bureau of Labor Statistics' January Consumer Price Index (CPI) is scheduled for release at 8:30 a.m. ET on Tuesday. ...'

Reference: yahoo.com
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BIDEN ADMIN ALTERS CPI Weight Update Starting With January 2023: Starting with January 2023 data, the BLS plans to update weights annually for the Consumer Price Index based on a single calendar year of data, using consumer expenditure data from 2021. This reflects a change from prior practice of updating weights biennially using two years of expenditure data.

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Health Insurance Rates for Feds Increase Higher Than Fed COLA Rate Will Be

Federal employees will pay 8.7% more, on average, toward 2023 health premiums

'...Participants in the Federal Employees Health Benefits Program (FEHBP) will see a significantly larger increase to their health premium costs in 2023, compared with the last few years. ...'

Reference: federalnewsnetwork.com
Tags: Health Insurance, FEHBP, Out-of-control Federal Health Insurance Prices, Destruction of Federal Retirees,

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