From the editorial board of the Ocala Star-Banner:
Last week the Social Security Administration announced that 65 million Social Security recipients were denied a bump in their benefits for 2016. It was just the third time that had happened since annual cost-of-living adjustments, or COLAs, were written into federal law more than 40 years ago. The other two occasions occurred in 2010 and 2011.
U.S. Rep. Alan Grayson has sought to rectify this situation. The Orlando Democrat has proposed a simple yet critical change in how those benefits are calculated. The plan will likely garner eager support from other Democrats, and perhaps Republicans from districts heavy with Social Security beneficiaries, such as all of them from Florida. But wider acceptance is uncertain.
Our hope is that all of Congress will heed Grayson's proposal.
Read the whole editorial here.
