US EditionGovernment shutdown delays release of critically important inflation figures
- The ongoing government shutdown is delaying the annual Social Security COLA announcement for tens of millions of beneficiaries, now rescheduled for Oct. 24, affecting about 70.6 million people.
- BLS furloughs have halted work on data needed to calculate the COLA, postponing the September consumer inflation report and delaying the CPI-W figures used by the SSA.
- Thousands of SSA employees have been furloughed and local Social Security offices offer limited services, but payments continue on schedule and recipient notifications begin in early December.
- Experts predict a roughly 2.7% COLA, with a 2.8% increase adding just over $52 monthly to the average Social Security benefit, though rising Medicare premiums expected to jump by more than 11% may offset gains.
- The Social Security Administration must announce the COLA by Nov. 1, but the delay due to government shutdown means benefits will still be adjusted Jan. 1, 2026, despite staffing cuts.
159 Articles
159 Articles
The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries.
There is a new date to announce the annual cost-of-living adjustment (COLA) for Social Security, following the delay in the government-closing inflation report
Treasury Secretary Warns Shutdown Could Cost US $15 Billion Per Day
Treasury Secretary Scott Bessent said Oct. 15 that the now two-week government shutdown will cost the U.S. economy billions of dollars per day and called on moderate Democrats to negotiate. The White House’s Office and Management and Budget said Oct. 14 it is preparing for a protracted battle as President Donald Trump warned at a White House event that programs favored by Democrats may be terminated and that “they’re never going to come back, in…
The Latest: Social Security cost-of-living increase announcement delayed by government shutdown
The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries. Originally scheduled for Wednesday, the 2024 Social Security COLA announcement will now be Oct. 24. It is timed to the September Consumer Price Index, which also has not yet been released. The agency adjusts its benefits every year based on inflation. The postponement of the announcement is t…
Shutdown Delays News of 2026 Social Security Raise
The ongoing government shutdown is delaying the announcement of the annual Social Security cost-of-living adjustment for tens of millions of beneficiaries. Originally scheduled for Wednesday, the 2024 Social Security COLA announcement will now be Oct. 24. It is timed to the September Consumer Price Index, which also has not yet...
Coverage Details
Bias Distribution
- 74% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
