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Feds urge White House to avoid chained CPI

A coalition of federal employee, retiree and veterans groups pressed the Obama administration on Wednesday to avoid changing the government’s formula for calculating cost-of-living increases for pensions and other benefits. “We’re all concerned about this [chained consumer price index] proposal,” Robert Silverman, president of the American Foreign Service Association, said at a news conference outside the Capitol…Read More

 

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