04/14/2021
https://congress.gov...
"The person who makes $450,000 in income will see a very small hit from the change to a chained CPI when it comes to what they pay in taxes, whereas the person earning $53,000, the middle of America, w..."
"The biggest impact by the tax increase caused by the chained CPI hits families who are earning somewhere between $10,000 and $20,000 because they would be pushed up into the higher brackets faster."
"It is very disturbing that the folks who are going to get hit hardest, the $230 billion that you save in the budget from moving toward a chained CPI is by impacting seniors, veterans, and middle-class..."
"The Social Security disability trust fund belongs to the workers who paid into it."