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Transcripts For CSPAN2 Capitol Hill Hearings 20130926

Sure. Thank you. I would only say in the view of many economists, the issue about how to correctly measure inflation is a completely different discussion. And the issue of whether we can fix poverty in old age. And in my view, personally, if the chained chiropractic pi is a better way to measure the cost of living for senior, we should do it. We need to focus on the issue of inadequate ability in control over resources. We did provow the not going there we proposed a change in the indexization of benefits prior to retirement nap generated enough money to raise survivor benefit which are important. And raise minimum benefits to 120 of the poverty line. So lets just stop there. I want to bring it to your attention. Senator. If i can. I want to go back to the point senator machin raised. When he talk about the decision between using a chained cpi for some people err not others you are acknowledging as its been laid out, were talking about over time a cut in benefits. I think that senator

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