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‘Human Chain Against Chained CPI’ set for July 2
Social Security is entirely self-funded and has nothing to do with the annual budget. So why, then, in the middle of its debates on an annual budget plan, is Congress trying to change the way Social Security payments are calculated? Some congressional budget proposals include a “Chained CPI,” which would let annual increases to Social Security benefits be computed at rates that are below annual inflation. Read more…
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