Political Quotes

“Mr. McINTYRE. Mr. Speaker, I rise in support of House Resolution 93, that any adjustment in the Consumer Price Index should be determined only by the Bureau of Labor Statistics. A reduction to the CPI would have a dramatic effect on everyone receiving cost of living adjustments, including military retirees and Social Security beneficiaries and would be a financial burden on our senior citizens. The cost of living for the elderly has increased by a whopping 69.2 percent over the past 15 years. Increased medical costs have also played an important cost factor for older Americans that they face. It is absolutely critical that older Americans have a Social Security benefit that accurately represents their true cost of living. Any adjustment in the CPI has the potential to threaten their very livelihood, and therefore it is imperative that such a decision be made by those who are eminently qualified to handle it: the Bureau of Labor and Statistics. I am pleased to support House Resolution 93 as a way to guarantee the integrity of the steadfast commitment that we have to our senior citizens.”