Cutting a Lifeline How the Chained CPI Proposal Will Affect Hispanic Seniors
In July 2013, the House of Representatives Committee on Ways and Means Subcommittee on Social Security released draft legislation which would a) reduce Social Security benefits by changing the measurement of inflation to the Chained Consumer Price Index (chained CPI) and b) lessen the adverse impact of this change by providing a small increase to beneficiaries with long-term eligibility or advanced age. Here is the NCLR’s analysis of the impact of this proposal on Hispanic seniors.
