Posts Tagged ‘The National Committee to Preserve Social Security and Medicare’
The National Committee is Concerned About a Chained CPI Determining Social Security Benefits
The budget proposal created by President Obama to alter how Social Security Benefits are distributed is being calculated by a chained consumer price index (CPI). Now, what’s the controversy? Well, The National Committee has voiced their disfavor to a chained CPI because it doesn’t properly account the “purchasing patters of our elderly population”. How are…
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