Social Security payments would fall with new inflation gauge

Source: Scott Patterson, USA Today

A new measure to calculate inflation that's catching on in Washington, D.C., would have a big impact on how much cash is distributed by Social Security. More important for politicians debating how to fix the nation's bloated budget: Analysts say it would cut the deficit by $200 billion to $300 billion over the next decade.

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Tags/Keywords

social security, retirement

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