CHAINED CPI IS NOT FAIR TO
A little-understood proposal to cut federal spendingwould demand sacrifice from a group that has givenmore than its share -- our nation's veterans. Theproposal, known as chained CPI, is touted as a moreaccurate way to compute cost-of-living adjustmentsto federal benefits than the current inflation index.
Unfortunately, that’s not true for older Americans,
including many veterans and people with disabilities,whose hard-earned benefits would no longer keep upwith inflation if this proposal takes effect. Even moretroubling, permanent adjustments for the cost of living take a bigger and bigger bite over time. Theeffect would be a stealthy and growing benefit cut for
the rest of a veteran’s life.
AARP MD will make its voice heard. StatePresident Clarence Davis and State Director Hank Greenberg are scheduling visits to SenatorsCardin and Mikulski and Representatives Hoyer,Van Hollen, Edwards and Delaney next week totalk about this issue. For more information, or tojoin the conversations please contact Mike Kulick at firstname.lastname@example.org or (410) 895-7604.
How would the COLA change impact you?
y tool to see how your Social Security or
veterans’ benefits would be impacted if Washington
changes the cost-of-living-adjustment and then senda message to President Obama and your Members of Congress
urge them to reject this shortsightedchange and instead find responsible ways to addressour nation's budget challenges. Tell them to leaveyour hard-earned Social Security and veterans'benefits out of any shortsighted budget deal.
New print ad,"I'm a veteran. Not a line itemon a budget.", features Silver Star Veteran and AARP MD Volunteer Marvin Sakin! The new ads began running this week and list 13 veteran organizations who endorse themessage to not implement chainedCPI. Clarence Davis, Veteran and AARP MDState President, is also featured!
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