Critics Say Obama's Budget Breaks Campaign Promises
Critics of President Obama's budget proposal say he is breaking his promise to protect Social Security and his pledge not to raise taxes on the middle class.
Critics of President Obama's budget proposal say he is breaking his promise to protect Social Security and his pledge not to raise taxes on the middle class.
When Congress and President Obama make a budget deal to avoid the fiscal cliff, they're likely to use something called "chained CPI" to tweak how Social Security calculates cost of living adjustments. Here's a plain English explanation of what that means, and how it will effect your retirement.
Many Americans will make Social Security the bedrock of their retirement plan, but there's more to the benefit than having a birthday and signing up to get your checks. Here are 10 essentials you need to know to get all the money you're entitled to out of the Social Security system.
For the first time since 2009, Social Security recipients will get a COLA increase in their checks in 2012. But that 3.6% bump probably isn't going to cover the real rise in your expenses. So where should you invest to find that extra income?
Rafi Mohammed, author of The Art of Pricing, says Coca-Cola is selling itself short. Some of its beverages, such as Coke Zero, could be priced higher, potentially raising the company's margin and profit. But in the Cola Wars, could higher prices cause a customer retreat?
Besides the unemployed, nobody is getting hurt worse in this economy than seniors. Prices on many commodities are skyrocketing, but the Consumer Price Index, which is the yardstick used to adjust Social Security for inflation, is virtually unchanged.













