Washington, DC- Oregon’s Senator Jeff Merkley issued the following statement after reports that a new index for Social Security called “chained CPI” could be included in a fiscal cliff deal.
“We had an election, and the voters sent a message to Congress to focus on jobs and fairness — not cutting benefits for people who have worked all their lives and are now making ends meet on fixed incomes. The formula we use to adjust cost-of-living changes for seniors needs to reflect the real costs they face, not the budgetary fantasies of Washington.”
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