NEW YORK — Tens of millions of older Americans will see a modest increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments. The 3.2% raise is intended to help meet higher prices for food, fuel, and other goods and services. The average recipient will see an increase of about $54 per month, according to government estimates. That’s a smaller percentage than last year, because consumer prices have eased, and the COLA is tied to the Bureau of Labor Statistics Consumer Price Index. [time-brightcove not-tgx=”true”] Still, Kathleen Romig, director of Social Security and Disability Policy at the Center on Budget and Policy Priorities,
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