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The Chained CPI in people terms

At last comes a story in a major news outlet that explains in people terms what exactly the Chained CPI will or won’t do for the family budget. The New York Times deserves a CJR laurel for its Saturday “Your Money” piece by Tara Siegel Bernard who showed how the alternative method of calculating cost-of-living adjustments for Social Security benefits will impact the monthly payments for those who receive them. Read more…

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