Author

John W. Diamond

John W. Diamond

John W. Diamond, Ph.D., is director of the Center for Public Finance at the Baker Institute, an adjunct professor of economics at Rice University and CEO of Tax Policy Advisers, LLC. His research interests are federal tax and expenditure policy, state and local public finance, and the construction and simulation of computable general equilibrium models.

COMMENTARY

Inflation prompts biggest Social Security cost-of-living boost since 1981 — 6 questions answered

By: - October 21, 2022

Social Security is set to boost the benefits it provides retirees by 8.7%, the biggest cost-of-living adjustment since 1981. It comes as sky-high inflation continues to eat into incomes and savings. The changes are set to take effect in January 2023 and were announced following the release of the September 2022 consumer price index report, […]