No COLA, again

Seniors will receive no Social Security increase next year for the second year in a row. No COLA. But remember, the election is about two weeks away.

TaxProf has more.

Social Security makes it official: No COLA for SS receipients next year. We already knew that. We may get an extra $250 anyway, and I'm planning on going out shopping.

AP: Since seniors will not get a Social Security raise next year, Obama is giving us $250.