Chained CPI Resource Page

With so much of government set to autopilot, the measurement we use for inflation plays a very important role in public policy. Currently, the federal government generally relies on the consumer price index (CPI) to index provisions of the budget and tax code to account for cost-of-living changes. However, this measure actually overstates inflation and, as a result, drives up the deficit unnecessarily. To correct the problem of over-indexation, many have proposed switching to the chained CPI to provide a more accurate measure of inflation for indexed provisions in the federal budget.

Measuring Up: The Case for the Chained CPI

Report Summary

Answers to Frequently Asked Questions About the Chained CPI

Corrections to Some Common Myths About the Chained CPI

Ed Lorenzen's Testimony to the House Ways and Means Committee

Background on the Chained CPI:

CRFB Resources and Analysis on the Chained CPI:

Other Analysis and Support: