Move to “chained CPI” for cost-of-living increases in Social Security payments?
Chained CPI would initially yield about $2 less a month in the average Social Security check.
And here's a point: It would be one thing if chained CPI were popular.
She added that Koch Industries had “good-faith concerns we broached with CPI” that remained unanswered.
Theory C is that Obama just genuinely thinks chained CPI is good policy.
Liberals are upset today because Obama's budget is going to include a call for chained CPI and some means-testing of Medicare.
The administration officials insisted yesterday that Obama does not view Chained CPI as good policy.
Here's a little paper from last February from CBPP about circumstances under which a chained CPI might be acceptable.
Obama could say "I'll go with you on chained CPI, but let's raise the FICA tax cap."
CPI is a sort of auxiliary verb; incepi is emphatic; hence CPI has an infinitive, incipere a substantive, for its object.