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Chains of a Chained CPI
A flawed policy initiative called the Chained CPI (Consumer Price Index) is gaining prominence in Washington budget talks that would shortchange Marylanders who receive federal benefits such as Social Security by lowballing their annual cost-of-living adjustments (COLAs). Chained CPI supporters are minimizing the consequences it will have on seniors, retired federal employees and veterans by calling it a “technical adjustment”...Read More
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