Political Quotes

On the recordMay 20, 1997
this does not legislate a cut in the CPI, but it assumes one. The Bureau of Labor Statistics has been under a lot of pressure, and this budget assumes that the CPI will be downgraded by the Bureau of Labor Statistics so that elderly people will get less of a cost of living as a result of what they assume the CPI will have happen to them.
Said by
Barney Frank
Democratic · Massachusetts

Editor's note · Context

Discussing the implications of budget assumptions on the Consumer Price Index and its impact on elderly citizens.

Share

More from Barney Frank

Jul 11, 2016

Well, I--look, there are people who think Elvis is alive, but I don't think that's accurate.

congress.gov
Jul 21, 2015

I do think there is a tendency for an overreach by the FSOC. I do not think straightforward insurance companies or money managers should be covered and regulated as SIFIs.

congress.gov
Oct 2, 2017

It was a great mistake to push lower income people into housing they couldn't afford and couldn't really handle once they had it.

congress.gov
Jul 11, 2016

This is a legislative enactment that essentially says that the fact that I live in a loving committed marriage with another man is somehow a threat to other people's freedom.

congress.gov

Other voices in this conversation