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Alliance for Retired Americans Friday Alert, Feb. 21, 2014

Washington, DC–(ENEWSPF)–February 21, 2014.

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President Obama Takes the Chained CPI out of his Fiscal 2015 Budget

In a great victory for the Alliance, White House staff has announced that President Obama’s Fiscal 2015 budget will not include a switch to the chained CPI formula that would limit cost-of-living increases in Social Security and other programs. Alliance members who had worked diligently for months in the hope that the change would not be implemented – and…

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