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.