Sean King

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Knoxville, Tennessee, United States

Friday, October 15, 2010

Deflation

No Social Security cost of living adjustments for next year:

The Social Security Administration said Friday inflation has been too low since the last increase in 2009 to warrant an increase for 2011. The announcement marks only the second year without an increase since automatic adjustments for inflation were adopted in 1975. The first year was this year.

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