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Posts published by “Center for Economic and Policy Research”

Chained CPI Cuts Social Security Benefits While Raising Taxes on the Middle Class

Washington, DC – A leading deficit reduction proposal is to “tweak” the official inflation measure used to annually adjust Social Security benefits, other government programs, and income tax brackets. Proponents of this proposal argue that a relatively new inflation measure, the Chained CPI, is more accurate than the current index…

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