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AARP to Congress: Bury the 'chained CPI' now

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No call to action yet here, but we wanted you to know:

An important amendment in the Senate Budget Resolution may come up for a vote in Congress as early as today (Friday).

U.S. Sens. Bernie Sanders, Tom Harkin and Mazie Hirono introduced an amendment to the Budget Resolution in opposition to the so-called chained CPI (consumer price index).  As you know, the chained CPI, if enacted, would be an unwarranted cut to the cost-of-living-adjustments (COLAs) of millions of average seniors, the disabled, veterans (including disabled veterans), working families and children.  These annual cuts snowball over time and will make it more and more difficult for these vulnerable populations to purchase the things they need to live -- like health care, housing and utilities -- as prices continue to rise.

We are working as this is written to urge Congress to support this amendment and shut the door to further consideration of the chained CPI. Stay tuned.

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