Chained CPI
Latest
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A Social Security COLA Cap
Read moreSocial Security is rapidly approaching insolvency. The retirement trust fund is seven years from exhaustion, and the theoretically combined trust...
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Johnson and Larson Show Two Ways to Fix Social Security
Read moreYesterday, 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
Read moreToday the Social Security Administration (SSA) announced the cost-of-living adjustment (COLA) for Social Security benefits next year will be 0.3...
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Measuring Inflation Right Saves $375 Billion
Read moreAccording to the latest CBO Budget Options report, adopting the chained CPI – an inflation index that most economists believe is a more accurate...
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How Low Could Debt Go?
Read moreWe 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...
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Chained CPI Not in President's FY2015 Budget
Read moreToday, the White House announced that the President will not propose adopting the “chained CPI” in the President’s Budget this year, as he did last...
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Entitlement Reform Should Be in the President's Budget
Read moreLast 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...
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SSA Announces New COLA
Read moreYesterday, the Social Security Administration announced that beneficiaries will be receiving a 1.5 percent Cost-of-Living Adjustment (COLA) this year...
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Orlando Sentinel: Make Social Security Part of Budget Solution
Read moreWhile many in Washington are bracing for more partisan brinksmanship in the upcoming negotiations over the debt ceiling and a potential government...
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Ways and Means Committee Continues Work on Entitlement Reform
Read moreWhile everyone is focused on tax reform developments these days, we cannot forget about the need for entitlement reform. In an attempt to devise a...
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Martin Neil Baily and Glenn Hubbard Make A Case for Chained CPI
Read moreTwo 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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Marc Goldwein and Ed Lorenzen: Measuring Inflation Right is Both Fair and Accurate
Read moreIn the past, the Bureau of Labor Statistics has made adjustments to the Consumer Price Index without much controversy. But due to the method of...