AARP-VT

North Country News
12:55 pm
Tue April 9, 2013

Chained CPI Proposal Under Fire

Credit Public Domain/Wikimedia Commons

Advocates across the nation and in Vermont are raising red flags over President Obama’s inclusion of a Chained CPI in the proposed budget proposal.  The system would use the Chained Consumer Price Index as the cost-of–living adjustment for Social Security, Medicare, veterans and other programs.  Opponents say it will in essence cut benefits to those programs.

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