Washington is full of speculation this week as Democrats and Republicans examine different ways to cut spending, raise revenue and reform entitlements to avert the so-called “fiscal cliff.” One policy ...
Social Security benefits will get a boost for next year following the announcement of the annual cost-of-living adjustment (COLA) on Friday, a debate is emerging over whether there is a more ...
Rep. Greg Walden (R-OR), chairman of the National Republican Congressional Committee, has declared his opposition to chained CPI to reduce the growth in Social Security benefits on the grounds that ...
The chained CPI takes into account a behavior known as substitution that the CPI-W does not. Substitution involves the idea that consumers will trade down to a less expensive good or service if the ...
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