No to the Chained CPI, a Social Security cut for the Poor!
As the Center for Economic and Policy Research said, "Over time, changing to the Chained CPI would result in significant cuts to Social Security benefits: a cut of roughly 3 percent after 10 years, about 6 percent after 20 years, and close to 9 percent after 30 years. In addition, lower-income retirees would lose much larger proportions of their income than wealthy ones."
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