As seniors push through the all-time high inflation seen throughout the country, many were holding out hope for a fourth stimulus check. Unfortunately, this doesn’t seem likely, Go Banking Rates reports.

This additional payment would be helpful; however, it wouldn’t fix the root of the problem — the inaccurate COLA increases and rapid decline of benefits’ buying power.

This is why Senior Security Alliance created our bill. This groundbreaking legislation would make several improvements to the current Social Security program, including the change to how COLA increases are calculated. It’s essential that senior citizens receive benefit increases that reflect their spending habits. This is especially true when considering skyrocketing inflation that’s impacting not only gas, utilities, and groceries, but also healthcare costs.

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