Social Security
East Hartford, CT - Today, House Ways and Means Social Security Subcommittee Ranking Member John B. Larson (CT-01) released the following statement on H.R. 82, which passed the Senate last week, and the path forward on Social Security.
Senior groups reacted to the cost-of-living (COLA) adjustment announced on Thursday for 2025 Social Security payment, saying it likely will not cover higher costs retirees are facing.
East Hartford, CT – Today, House Ways and Means Social Security Subcommittee Ranking Member John B. Larson (CT-01) released the following statement after the Social Security Administration (SSA) announced that the Social Security Cost-of-Living Adjustment (COLA) for 2025 will be 2.5 percent.
It is one of those unwelcome surprises that is almost guaranteed to anger people when they retire: income from Social Security benefits is subject to federal taxes - and in some cases, to state taxes as well.
So it is not a shock to see Republican presidential candidate Donald Trump dangling elimination of the tax as a possible enticement to voters this summer.

