Alexander Statement on President Obama’s Failure to Include Chained CPI in Budget

Posted on February 21, 2014

Nashville, Feb. 20 – U.S. Senator Lamar Alexander (R-Tenn.), the senior Republican on the Senate health committee, released the following statement on the White House announcement that President Obama has dropped chained CPI from his budget this year:

“Using the most accurate measure of inflation for entitlement spending and tax rates would be the simplest, fairest way to take a meaningful step toward fixing the federal debt. The president was exactly right to include it in last year's budget. His failure to do so this year makes confronting runaway mandatory spending even harder.” 

 

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