Our question this week comes from Roger. He asks:
"We have 8% inflation but only a 2.5% social security increase this year. This “increase” appears to be 5.5% reduction. Why is government raiding the social security trust fund to benefit others?"
Thanks for your question, Roger. Inflation has been a huge challenge for everyone throughout the country. Whether it's buying groceries, filling up your gas tank or paying rent, prices having been crushing Central Valley families. Those living on fixed-incomes, particularly seniors relying on Social Security, have felt the impacts the hardest. The recent cost of living adjustment is simply not enough to keep up with the sky-high inflation we are facing.
I share your frustrations on this issue. Unfortunately, the policies coming out the Biden Administration and Sacramento don’t make it any easier for folks living on a fixed budget. Reckless government spending has driven prices up, while adding trillions of dollars to an already unsustainable national debt. As your voice in Washington, I’m committed to pursuing polices that rein in excessive government spending and help bring relief for Central Valley families.