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What exactly is the ‘chained CPI?’
What is the “chained CPI?”
Some proponents of entitlement reform say that to hold down Social Security costs, future benefit increases should be tied to something called the chained CPI. That could mean lower benefit increases would be more common in the future. The chained CPI is a remodeled Consumer Price Index based on the idea that when prices rise, consumers will shop around and cut their spending...Read More
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