Cost-of-Living Adjustments and Federal Benefits

Panelists talked about the implications of a proposed reform to cost of living adjustments (COLAs) for Social Security and other federal… read more

Panelists talked about the implications of a proposed reform to cost of living adjustments (COLAs) for Social Security and other federal benefits. The change involves tying COLAs to a chained consumer price index (CPI) rather than the CPI. Chained CPI factors in consumer reaction to rising prices when calculating the CPI. Topics included the groups that would be affected by the change and the potential impacts. All of the panelists said that chained CPI does not accurately account for the spending habits of the poor and elderly. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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  • Dean Baker Co-Founder and Co-Director Center for Economic and Policy Research
  • Stephen C. Goss Chief Actuary Social Security Administration
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Cost-of-Living Adjustments and Federal Benefits

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Program ID:
311420-1
Category:
Public Affairs Event
Format:
Forum
Location:
Washington, District of Columbia, United States
First Aired:
Mar 11, 2013
Last Aired:
Mar 15, 2013

Airing Details

  • Mar 11, 2013 | 10:00am EDT | C-SPAN RADIO
  • Mar 11, 2013 | 10:04am EDT | C-SPAN 1
  • Mar 11, 2013 | 2:26pm EDT | C-SPAN 1
  • Mar 11, 2013 | 3:26pm EDT | C-SPAN 3
  • Mar 11, 2013 | 3:48pm EDT | C-SPAN 1
  • Mar 11, 2013 | 10:34pm EDT | C-SPAN 3
  • Mar 11, 2013 | 11:52pm EDT | C-SPAN 1
  • Mar 12, 2013 | 2:00am EDT | C-SPAN RADIO
  • Mar 12, 2013 | 2:31am EDT | C-SPAN 3
  • Mar 15, 2013 | 6:52am EDT | C-SPAN 2
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