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Feb. 17, 1992: Two locals of the Hotel Employees and Restaurant Employees Int'l Union (now UNITE HERE) at Yale University in New Haven, Conn., strike in sympathy with 1,300 graduate student teaching assistants who are demanding the right to negotiate with the university .

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Beware The 'Chained' CPI
Posted On: Dec 18, 2012

Dec. 18, 2012 | The chained CPI is a cut in Social Security Benefits and a "stealth" tax hike. As Republicans in Congress take a hard line in the sand against higher tax rates for millionaires and billionaires, they are demanding a Social Security benefit cut through a lower Cost of Living Adjustment (COLAs). The lower COLA would result from the adoption of a new formula for calculating COLAs called "Chained CPI." What is that and what will it mean for working people, especially middle-and lower-income families? Learn about it here. View explanatory graphic here.


 
 
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