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Social Security on track for huge cost-of-living increase

Retirees could see a double-digit percentage increase in their Social Security benefits next year as inflation continues to run hot, according to several new estimates.

Based on new inflation data through June, the cost-of-living adjustment for Social Security benefits, or COLA, could be an increase of 10.5% next year, according to estimates from the Senior Citizens League, boosting the average retiree benefit by $175.10 every month....

https://www.yahoo.com/money/social-security-increase-164839728.html

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A jury on Friday found former Donald Trump adviser Steve Bannon guilty on two counts of contempt of Congress for blowing off the Jan. 6 select committee.

Bannon's sentencing is scheduled for Oct. 21 when he will face a mandatory minimum prison sentence of 30 days and up to one year behind bars. He could also be fined $100 to $100,000. He is expected to appeal.

“This case is not complicated, but it is important,” Assistant U.S. Attorney Molly Gaston told jurors during closing arguments on Friday.

Bannon, Gaston argued, “did not want to recognize Congress’ authority” or play by the government’s rules.

"When he chose to defy a congressional subpoena, that was a crime," Gaston continued. "The defendant chose allegiance to Donald Trump over compliance with the law."

 

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https://duckduckgo.com/?q=bannon+guilty&t=osx&ia=web

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  • 2 weeks later...

More fruit loopery from the good 'ol USA:

Donald:   “There is a BIG election in the Great State of Missouri,” the former president said on Monday, adding: “I trust the Great People of Missouri, on this one, to make up their own minds … I am therefore proud to announce that ERIC has my Complete and Total Endorsement!”

There are three Erics in the Missouri race.

https://www.theguardian.com/us-news/2022/aug/02/trump-endorses-eric-greitens-schmitt-missouri-republican-primary

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Georgia taxpayers can list embryos as dependents on their tax returns. Georgia’s department of revenue said it would “recognize any unborn child with a detectable human heartbeat […] as eligible for [an] individual income tax dependent exemption” up to $3,000

https://www.theguardian.com/us-news/2022/aug/02/georgia-embyros-tax-dependents-fetus

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