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Social Security Chained Cpi

AARP Kinda Hates Chained CPI

Arthur Delaney | Posted 03.17.2013 | Politics
Arthur Delaney

AARP CEO A. Barry Rand said during a speech today at the National Press Club that he's no fan of the "chained CPI" -- the alternate measure of inflati...

Saving Social Security by Cutting Middle-Class Taxes

Robert P. Stoker | Posted 03.15.2013 | Politics
Robert P. Stoker

Although Obama has considered the chained CPI, he has also advocated raising the FICA tax cap. His proposal does not go far enough to preserve Social Security. A better alternative is to expand the tax base, not merely by increasing the FICA tax cap but by taxing other income sources.

Ask a Democrat: On Social Security, Which Side Are You On?

Richard (RJ) Eskow | Posted 02.19.2013 | Politics
Richard (RJ) Eskow

Right now there are only two sides in the Social Security debate: the side that says it's acceptable to cut benefits -- in a way that raises taxes for all income except the highest -- and the side that says it isn't. It's time to ask our leaders a simple question: Which side are you on?

The 'Chained CPI' Cut: If You Can't Dazzle Them With Brilliance...

Rep. Alan Grayson | Posted 02.19.2013 | Politics
Rep. Alan Grayson

Let me get right to the point. I'm against the proposed "chained CPI" cut in Social Security because it substantially undermines the protection against inflation that Social Security recipients enjoy under current law.

Arthur Delaney

Dems Hold Press Conference To Bash Chained CPI, Won't Rule Out Voting For it

HuffingtonPost.com | Arthur Delaney | Posted 12.20.2012 | Politics

WASHINGTON -- Congressional Democrats held a press conference Thursday to denounce a Social Security cut that has been embraced by President Barack Ob...

Note to Incumbents

John R. Burbank | Posted 02.18.2013 | Politics
John R. Burbank

Interested in re-election in 2014? You can pack your bags for home if you vote for the chained CPI. It doesn't matter what party: if you are a Democrat, the Republican candidate will hammer you for cutting Social Security.

Obama Offers Boehner Old Ladies' Scalps

Miles Mogulescu | Posted 02.18.2013 | Politics
Miles Mogulescu

If you're an 85-year-old lady living on $14,000 a year in Social Security, having your benefits cut by roughly $1,000 a year could mean choosing between paying for food or paying for medicine. In some cases it could mean the difference between life and death.

Obama Puts Democrats In Bind

Reuters | Posted 02.17.2013 | Politics

By Rachelle Younglai WASHINGTON, Dec 18 (Reuters) - President Barack Obama has put Democrats in Congress in a tough spot politically a...

Arthur Delaney

How 'Chained CPI' In Fiscal Cliff Deal Might Affect Seniors

HuffingtonPost.com | Arthur Delaney | Posted 12.18.2012 | Politics

WASHINGTON -- The pillars of a big budget deal between President Barack Obama and House Speaker John Boehner have begun to emerge: higher taxes on hig...

Politics Aside, the Good and Bad Economics of Chained CPI

Jodi Beggs | Posted 02.16.2013 | Business
Jodi Beggs

Much has been written recently about the potential adoption of a "chained consumer price index" as the official measure of inflation and cost of living increases for the purposes of calculating government benefits, boundaries between tax brackets, and so on.

When You've Lost the VFW on Budget Cuts, You've Lost America

Richard (RJ) Eskow | Posted 12.12.2012 | Politics
Richard (RJ) Eskow

While it is sneaky, it's not that complicated. The "chained CPI" concept can be explained in one sentence: It calculates cost-of-living increases much more slowly than before, by subtracting the cost of the things you can't afford to buy anymore.

Arthur Delaney

Chained CPI Not Popular At All: Poll

HuffingtonPost.com | Arthur Delaney | Posted 12.06.2012 | Politics

WASHINGTON -- A policy change popular with lawmakers in Washington isn't very popular with regular people, according to a new HuffPost/YouGov poll. ...

Arthur Delaney

Fiscal Cliff Cuts: Democrats Divided Over Whether To Put Social Security 'On The Table'

HuffingtonPost.com | Arthur Delaney | Posted 12.04.2012 | Politics

WASHINGTON -- Top Democrats in Congress on Tuesday signaled their willingness to consider cuts to social insurance programs as part of a broader budge...

Sam Stein

Obama Won't Include Social Security Reform In Recommendations To Super Committee

HuffingtonPost.com | Sam Stein | Posted 11.15.2011 | Politics

WASHINGTON -- Jilted by Republican leadership during the deficit-reduction talks that accompanied the debt ceiling debate, the Obama administration is...