Photograph Source: US Government – Public Domain

Almost a year ago, I wrote a CounterPunch article on how the social security cost of living increase was eroded by higher charges for Medicare coverage. That is again happening in 2026 as reported in a recent New York Times news story that deserves widespread coverage.

The 2026 social security Cost of Living Adjustment (COLA) is 2.8% which provides those receiving the most money from social security with more money compared to those receiving less. According to the Times report, the 2025 monthly social security payment provided to the average retired worker is $2,008/month. With the COLA, this retired worker will be receiving $2,064/month in 2026, $56 more.

However, the 2.8% COLA is accompanied by a 9.7% increase of $17.90 in the........

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