Social Security benefits get massive boost next year amid rising consumer prices

Social Security benefits get massive boost next year amid rising consumer prices

The government will increase Social Security benefits by 5.9% in 2022 as Americans contend with higher consumer prices. The Conference Board’s chief economist Dana Peterson joins “Red and Blue” anchor Elaine Quijano with the details, including how long U.S. labor…

White House introduces plan to relieve supply chain pressure amid threat of higher prices

White House introduces plan to relieve supply chain pressure amid threat of higher prices

President Biden on Wednesday announced a plan to boost capacity at major ports in California and at companies like Walmart and UPS as supply chain backlogs threaten to worsen rising consumer prices. CBS News congressional reporter Nikole Killion, CBSN political…