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Nancy Altman is an expert on Social Security and deserves respect for her accumulated knowledge on the subject.
The following letter was co-authored by Eric Kingson and Nancy Altman, co-chairs of the Strengthen Social Security Coalition, and sent to every Congressional office.
Our coalition of 320 organizations representing a broad cross-section of the American people respectfully urges you to reject the use of the less-generous and less-accurate chained-CPI as the basis for Social Security's cost of living adjustments for current and future seniors, people with disabilities, and other beneficiaries.
. . . If you oppose the chained CPI but believe it is necessary in order to obtain agreement on a deficit reduction deal, we remind you that Social Security has not and cannot by law contribute to the federal debt. The program is too important to be used as a bargaining chip in fiscal cliff negotiations.
For more information, please see Ten Things Members of Congress Should Know About the Chained-CPI
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