Consumer Price Index Report

Before voting on their final report, committee members heard testimony from members of the Advisory Commission on the Consumer Price Index… read more

Before voting on their final report, committee members heard testimony from members of the Advisory Commission on the Consumer Price Index about proposed changes to the index. The commission found that the CPI, as calculated by the Bureau of Labor Statistics, overstates the true increase in the nation’s cost of living by 1.1 percentage point per year. The changes recommended by commission members would result in Social Security benefits cuts. The index is used in many government programs as an index for cost of living allowances. Professor Boskin was chairman of the bipartisan commission. close

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Consumer Price Index Report

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Program ID:
78371-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Jan 28, 1997
Last Aired:
Feb 1, 1997

Airing Details

  • Jan 28, 1997 | 10:30am EST | C-SPAN.org
  • Jan 28, 1997 | 3:28pm EST | C-SPAN 1
  • Jan 29, 1997 | 2:49am EST | C-SPAN 2
  • Feb 01, 1997 | 6:44am EST | C-SPAN 2
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