Social Security Increase Due to Inflation, Not Presidential Action

Posted on AllSides November 3rd, 2022
From The Center
FACT CHECK

A deleted tweet from the White House and remarks by President Joe Biden could leave the false impression that Biden’s policies have something to do with an increase in Social Security payments. But the increase is set by law and is linked to inflation.

In remarks in Florida on Nov. 1, Biden repeated a boast about Medicare Part B premiums decreasing next year “for the first time in more than a decade.” As we’ve explained, that’s true, but misleading. The $5.20-per-month drop next year follows a larger increase the prior year that was...

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