Add Sen. Elizabeth Warren (D-MA) to the growing chorus of voicescalling
for the expansion of Social Security benefits. The progressive favorite
implored Democrats on the Senate floor Monday not to chain Social
Security benefits to the rate of inflation or the rise in prices, which
is known in shorthand as the Consumer Price Index. Warren said it's
"simply not true" that these benefits must be chained to the CPI, as
President Barack Obama has proposed, adding that "it's just a fancy way
of saying 'cut benefits.'" Instead, she suggested that Social Security
benefits should be raised to levels that account for the impact of
inflation on seniors, which grows quickly under the Bureau of Labor
Statistics' experimental CPI-E metric...".* The Young Turks host Cenk
Uygur breaks it down.
The Young Jerks.
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