Committee for a Responsible Federal Budget

Chained CPI

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Johnson and Larson Show Two Ways to Fix Social Security

Yesterday, House Ways and Means Social Security Subcommittee Ranking Member John Larson (D-CT) introduced a Social Security reform bill. About four...
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The Social Security COLA for 2017 Has Been Announced

Today the Social Security Administration (SSA) announced the cost-of-living adjustment (COLA) for Social Security benefits next year will be 0.3...

Measuring Inflation Right Saves $375 Billion

According to the latest CBO Budget Options report, adopting the chained CPI – an inflation index that most economists believe is a more...

How Low Could Debt Go?

We talked last week about several policies making their first appearance in the President's budget. What we didn't mention is that in addition to...

Chained CPI Not in President's FY2015 Budget

Today, the White House announced that the President will not propose adopting the “chained CPI” in the President’s Budget this year...

Entitlement Reform Should Be in the President's Budget

Last Friday, 16 Senate Democrats sent a letter to President Obama, but it wasn't for Valentine's Day. Rather, the letter warned the President against...

SSA Announces New COLA

Yesterday, the Social Security Administration announced that beneficiaries will be receiving a 1.5 percent Cost-of-Living Adjustment (COLA) this year...

Orlando Sentinel: Make Social Security Part of Budget Solution

While many in Washington are bracing for more partisan brinksmanship in the upcoming negotiations over the debt ceiling and a potential government...

Ways and Means Committee Continues Work on Entitlement Reform

While everyone is focused on tax reform developments these days, we cannot forget about the need for entitlement reform. In an attempt to devise a...

Martin Neil Baily and Glenn Hubbard Make A Case for Chained CPI

Two former Chairman of the Council of Economic Advisors, Martin Neil Baily of the Clinton Administration and Glenn Hubbard of the Bush Administration...

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