Social Security isn’t keeping up with inflation. That could weaken Biden’s support among some seniors

Title: Social Security isn’t keeping up with inflation. That could weaken Biden’s support among some seniors

Article Snip: "...cope with the runaway inflation of earlier this decade and the continued high prices for food, housing, utilities and other necessities.

That’s forcing more of them to spend their emergency savings, carry debt on credit cards or apply for assistance programs, according to The Senior Citizens League, a nonpartisan public education and advocacy group. ...senior citizens are often in a more difficult predicament because many live off fixed incomes. Many depend heavily on Social Security – some 42% of elderly women and 37% of elderly men rely on the monthly payments"

Reference: www.cnn.com
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