Tuesday, April 23, 2013

Chained CPI: A sucker’s deal for Republicans?

I’ve previously written that I think the chained CPI isn’t great policy – it cuts benefits where they might be higher and leaves benefits alone where maybe they should be cut. But over at Real Clear Markets, I argue that the things the GOP would need to give up in order to get the chained CPI – namely, a lot of tax increases – make it a pretty bad deal from their perspective.

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