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Social Security Boost May Fall Short | Spokane News
Social Security’s 2025 cost-of-living adjustment may be the smallest in three years—projected at 3.4%, down from last month’s forecast but still above average. While inflation has cooled slightly, it remains above the Fed’s target, leaving retirees with a modest boost that might not fully offset rising healthcare and housing costs, including potential Medicare Part D hikes. But here’s the catch: even this increase strains the already fragile Social Security trust fund, projected to run dry by 2032 without intervention. With elections looming, lawmakers face a make-or-break moment to secure…
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