COLAs

Filed Under: COLAs, Temporary Assistance for Needy Families

COLAs

Last Updated: August 2023  Making recurring adjustments to TANF benefit levels to keep pace with inflation, such as through a statutory cost-of-living adjustment (COLA), maintains families’ purchasing power and helps them meet basic needs.   TANF benefit levels have not kept pace with rising costs. In July 2022, TANF benefits had lost value in 44 states COLAs