Letters to the Editor

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Tag: consumer price index

Dec.
31st

TAXES: Where’s the shared sacrifice?

Part of the proposed changes to the federal budget is to use a concept called “Chained Consumer Price Index” to compute cost-of-living increases for recipients of Social Security, veterans benefits and g0vernment pensions. In short, the concept calls for reducing benefits because seniors and the disabled will be forced to choose to downgrade their purchases to lesser costs for basic items.

For example, seniors and the disabled will choose with less money to switch from a name-brand can of tuna to a store-brand of tuna, shop for clothing at Walmart rather than JC Penny, and so on. A lot of

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