Seniors who benefit from Social Security can expect bigger checks in their mailboxes next year. The program recently received the largest increase in its cost-of-living adjustment in 40 years to help retired seniors pay for housing, groceries, and more. But the increase might be based on an outdated inflation measure. Romina Boccia from the CATO Institute breaks down how this raises costs for taxpayers and the reforms that could help us save billions of dollars. 

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