“Just a little off the top”

ScissorsIt’s looming again—a budget fight over adoption of the “Chained Consumer Price Index” (C-CPI), a proposal to reduce Social Security payments by estimating smaller increases in the cost of living.

C-CPI was one piece of the “Grand Bargain” that President Obama offered House Speaker John Boehner two years ago, but the Speaker rejected it. This year, Obama tried to end the bitter budget dispute that led to the recent government shutdown by again agreeing to House conservatives’ demand for a switch to the C-CPI. Once more, the Speaker rejected the president’s offer.

Continue reading at Women’s Voices For Change

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