As expected, the monthly Consumer Price Index, reported by the government this morning was zero for the month of July. In comparison to a year ago, the CPI dropped 2.1 percent.
For most consumers, that's good news, but for the some 30 million senior citizens who receive Social Security benefits, this trend comes with a big downside: It means that their Social Security checks, which are pegged to the CPI, likely won't increase next year.
