Cpi

NPR

Published December 4, 1996 at 12:00 AM EST

A special commission set up by Congress to study the accuracy of the consumer price index has concluded the C.P.I. overstates inflation by approximately 1.1%. The commission, headed up by former Bush Administration economic advisor, Michael Boskin, made several recommendations for correcting the upward bias...which costs the federal government billions of dollars every year because the C.P.I. is used to adjust benefit payments to millions of American retirees and veterans. NPR's John Ydstie reports.

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SOMOS CONNECTICUT is an initiative from Connecticut Public, the state’s local NPR and PBS station, to elevate Latino stories and expand programming that uplifts and informs our Latino communities. Visit CTPublic.org/latino for more stories and resources. For updates, sign up for the SOMOS CONNECTICUT newsletter at ctpublic.org/newsletters.

SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

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