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Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; Court issues restraining order against fracking waste-storage facility; Landmark NE agreement takes a proactive approach to CO2 pipeline risks.

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Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims

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The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

The "Chained CPI" – Why CT Seniors & Vets Want to Break It

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Friday, March 15, 2013   

HARTFORD, Conn. – Local senior advocates are sending an urgent message to Connecticut members of Congress to consider the impact on real people, including retirees and veterans, before they act on deficit reduction measures.

Jennifer Millea, communications director of AARP Connecticut, says her group crunched the latest government numbers for the proposed "chained CPI," a new method of adjusting for inflation, and concluded that veterans and retirees would both see a significant impact on their benefits.

"It's not just a technical change, as many in Washington are trying to portray it,” she says. “The benefit cut for Social Security beneficiaries and veterans in Connecticut would be about $1.7 billion over the next 10 years."

Supporters of the "chained CPI" estimate that it could save the federal government up to $300 billion in the next decade.

Nationwide, Millea says 1.5 million veterans are already living below the poverty line. She adds the proposed change is especially bad news for Connecticut veterans who are returning with long-term disabilities from Iraq and Afghanistan.

"Disabled veterans will see a greater share of these cuts,” she says, “since they rely on the benefits starting at a younger age – and generally for longer periods of time than others."

Millea says the “chained CPI” assumes that when the costs for certain items go up that consumers will be able to substitute a cheaper alternative. She says that's a problem for Nutmeg State retirees and veterans.

"This theory falls short, since many older and disabled veterans spend a lot of their income on goods such as healthcare, medications,” she says, “things that don't have lower cost substitutes."

Millea says prices for items such as healthcare and utilities often rise faster than inflation.

AARP has an online tool to determine how much individuals would lose under "chained-CPI."




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