LINDA WERTHEIMER, Host: NPR's business news starts with next year's Social Security checks.</s>LINDA WERTHEIMER, Host: The Obama administration is expected to announce this week that for the second year in a row, there will not be a cost of living increase for Social Security recipients. Inflation has stayed low this year, and so has the cost of living. For 58 million recipients, benefits have remained the same since the beginning of 2009.
More than 58 million Social Security recipients likely will go another year without an increase in their monthly benefits. The government is expected to announce this week that there will be no cost-of-living adjustment. The COLAs are automatically set each year based on inflation.