By Mark Curry
Senator Kelly Anthon Majority Leader
Senator Brandon Shippy District 9
Seniors, in my estimation are in the 62-70 year range. Certainly, most of us live to 78 years and beyond! Most of our costs center around food, up 4.7%, healthcare, up 7.6% and rent, up 7.1% in 2024. Social security mostly is for senior citizens whom have paid into the system for decades. Over 40% of seniors only live on Social security.
Therefore, when the annual cost of living adjustment (CPI) is given, it needs to be accurate. Seniors depend upon this! Currently, the CPI gets it’s data from wage earner inflation (CPI-W) not the Elderly (CPI-E) data. Why would wage earners and not elderly inflation data be used? The 2025 CPI of 2.5% is way off the mark of 4.5% the elderly are facing during 2024 moving into 2025!
I would like to see a committee or some type of a official declaration be forwarded to The White House! Confirming Your commitment to Seniors in regards to proper delegation of our cost of living adjustments!
