Chained CPI In Obama Budget Divides Democrats

Sabrina Siddiqui and Arthur Delaney write for The Huffington Post: President Barack Obama’s budget proposal divided House Democrats on Wednesday. The budget blueprint includes a Social Security benefit cut that has tepid support from House Democratic leaders, but rank-and-file Democrats signaled they would oppose any deal that includes a switch to the so-called chained CPI, an alternate inflation measure that would cut future Social Security benefits.