Stunting the CPI would help slow spending but hinder revenues. (Consumer Price Index): An article from: Government Finance Review

This digital document is an article from Government Finance Review, published by Government Finance Officers Association on April 1, 1997. The length of the article is 990 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: An independent commission appointed by Congress to study the Consumer Price Index (CPI) found that inflation was being overstated by 1.1% annually, resulting in billions worth of overspending on benefit payments. Slowing CPI growth would slow down inflation growth and increase federal tax revenues by $21 billion by 2001. Federal, state, and local government spending growth would also decline if benefit payments were linked to CPI.

Citation Details
Title: Stunting the CPI would help slow spending but hinder revenues. (Consumer Price Index)
Author: Hyman C. Grossman
Publication:Government Finance Review (Magazine/Journal)
Date: April 1, 1997
Publisher: Government Finance Officers Association
Volume: v13 Issue: n2 Page: p50(1)

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