The Consumer Price Index

A Congressional commission says the Consumer Price Index the government's main inflation measurement, overstates increases in the cost of living. The experts say a lower rate could save the government billions of dollars a year and lead to a balanced budget. But a shaved back CPI also means higher taxes and reduced entitlement benefits. The ramifications of recalculating inflation... next on Talk of the Nation. Guests: Matt Miller Senior Editor, The New Republic Senior Advisor to the Director of the Office of Management and Budget, 1993-1995 Other guest: TBA Listeners call in

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