cost-of-living-adjustment

The chained CPI - a proposal to change the way the cost-of-living adjustment (COLA) is calculated for Social Security and veterans benefits - can be as confusing as its name. And with it comes a number of daunting statistics:

This video might leave you with the impression that nobody wants a proposed change for calculating cost-of-living adjustments (COLA). Not older Americans. Not veterans. Not women. Not labor. And certainly not independent U.S. Sen. Bernie Sanders of Vermont.