Policymakers cling to a 1970s consumer-price index formula that overstates cost increases and drives up automatic spending.
CONCORD — The Senate Transportation Committee's chairman wants to use a consumer-price-index formula to bump up the state's gas tax to fix roads and bridges. Under the formula, the state's 18-cent gas ...
Many people point to speeches by Federal Reserve "mandarins" in wonder. The Fed claims that "inflationary expectations" are "well grounded" and the consumer price index (CPI), as calculated by the US ...
COLA is 2.8%, but FERS retirees only get 2.0% for their annuities. The "diet" COLA fails to match the 12%+ jump in health ...