CNBC On The Money October 29, 2016
On the money starts right now. We begin with Social Security. Next year americans who receive benefits will be getting a small cost of living increase,. 3 . Thats an average of just 4 a month. Can retirees who rely on Social Security payments survive on those numbers . Saving the safety net is this weeks cover story. Reporter each year the Social Security administration determines how much the cost of living or c. O. L. A. Increase will be based on the Consumer Price index, and thats a basket of goods and services tracked by the federal government which includes everything from food to housing...