,,iv #aacth ,,congress #ast ,session ,h4 ,,con4 ,,res4 #cd ,,in ,,the ,,house ,,of ,,representatives ,april #ah1 #bjac ,mr4 ,cicilline 7for himself1 ,mr4 ,barber1 ,mrs4 ,beatty1 ,ms4 ,bonamici1 ,mr4 ,brady of ,pennsylvania1 ,mr4 ,braley of ,iowa1 ,ms4 ,brown of ,florida1 ,mrs4 ,bustos1 ,mr4 ,crdenas1 ,mr4 ,cartwright1 ,mrs4 ,christensen1 ,ms4 ,chu1 ,mr4 ,clay1 ,mr4 ,conyers1 ,mr4 ,cummings1 ,mr4 ,danny ,k4 ,davis of ,illinois1 ,mr4 ,de,fazio1 ,mr4 ,deutch1 ,ms4 ,edwards1 ,mr4 ,ellison1 ,mr4 ,enyart1 ,ms4 ,frankel of ,florida1 ,ms4 ,fudge1 ,mr4 ,garamendi1 ,mr4 ,grayson1 ,mr4 ,gene ,green of ,texas1 ,mr4 ,grijalva1 ,mr4 ,gutierrez1 ,ms4 ,hahn1 ,ms4 ,hanabusa1 ,mr4 ,hastings of ,florida1 ,mr4 ,higgins1 ,mr4 ,holt1 ,mr4 ,honda1 ,mr4 ,huffman1 ,ms4 ,jackson ,lee1 ,ms4 ,eddie ,bernice ,johnson of ,texas1 ,mr4 ,johnson of ,georgia1 ,ms4 ,kaptur1 ,mr4 ,kildee1 ,mrs4 ,kirkpatrick1 ,mr4 ,langevin1 ,ms4 ,lee of ,california1 ,mr4 ,lewis1 ,mr4 ,loebsack1 ,mr4 ,lowenthal1 ,mr4 ,lynch1 ,mr4 ,maffei1 ,mr4 ,markey1 ,ms4 ,matsui1 ,mr4 ,mc,dermott1 ,mr4 ,mc,govern1 ,mr4 ,michaud1 ,ms4 ,moore1 ,mr4 ,nadler1 ,mrs4 ,napolitano1 ,mr4 ,nolan1 ,ms4 ,norton1 ,mr4 ,payne1 ,mr4 ,peters of ,michigan1 ,ms4 ,pingree of ,maine1 ,mr4 ,pocan1 ,ms4 ,roybal-,allard1 ,mr4 ,ruiz1 ,mr4 ,rush1 ,mr4 ,ryan of ,ohio1 ,ms4 ,schakowsky1 ,mr4 ,serrano1 ,ms4 ,shea-,porter1 ,mr4 ,sires1 ,ms4 ,speier1 ,mr4 ,takano1 ,mr4 ,thompson of ,mississippi1 ,mr4 ,tonko1 ,mr4 ,vargas1 ,mr4 ,veasey1 ,mr4 ,vela1 ,ms4 ,velzquez1 ,ms4 ,waters1 ,mr4 ,welch1 ,ms4 ,wilson of ,florida1 and ,mr4 ,scott of ,virginia7 submitted the following concurrent resolution2 which was referred to the ,committee on ,ways and ,means ,,concurrent ,,resolution ,expressing the sense of the ,congress that the ,chained ,consumer ,price ,index should not be used to calculate cost-of-living adjustments for ,social ,security benefits4 ,whereas the ,social ,security program was established more than #gg years ago and has provided economic security to generations of ,americans through benefits earned based on contributions made over a worker's lifetime2 ,whereas the ,social ,security program continues to provide modest benefits--averaging approximately #ad1jjj per year--to more than #ec1jjj1jjj individuals1 including #cg1jjj1jjj retired workers in ,february #bjac2 ,whereas the ,social ,security program has no borrowing authority1 has accumulated assets of #b1gjj1jjj1jjj1jjj1 and1 therefore1 does not contribute to the ,federal budget deficit2 ,whereas the ,board of ,trustees of the ,federal ,old-,age and ,survivors ,insurance ,trust ,fund projects that such ,trust ,fund can pay full benefits through #bjcb2 ,whereas the ,social ,security program is designed to ensure that benefits keep pace with inflation through cost-of-living adjustments 7,c,o,l,as7 that are based upon the measured changes in prices of goods and services purchased by consumers1 currently the ,consumer ,price ,index for ,urban ,wage ,earners and ,clerical ,workers 7,,cpi-,w7 published by the ,bureau of ,labor ,statistics2 ,whereas the ,bureau of ,labor ,statistics publishes a supplemental measure of inflation1 the ,chained ,consumer ,price ,index for all ,urban ,consumers 7,c-,,cpi-,u71 or ,chained ,,cpi1 which adjusts for projected changes in consumer behavior resulting from price fluctuations known as the substitution effect1 which occurs when consumers buy more goods and services whose prices are rising slower than average and less of those rising faster than average2 ,whereas studies indicate typical ,social ,security beneficiaries spend significantly greater shares of their budget than consumers generally on health care1 prices for which have increased at higher than average rates1 and health care may not be easily substituted for by consumers such as seniors2 ,whereas the ,congressional ,budget ,office has estimated that using the ,chained ,,cpi to calculate ,social ,security ,c,o,l,as would reduce ,social ,security benefits by #j4be percent per year as compared to current policy1 resulting in a reduction in outlays of #aab1jjj1jjj1jjj over the first decade2 ,whereas reductions in ,social ,security benefits from using the ,chained ,,cpi to calculate ,social ,security ,c,o,l,as would continue to compound over time1 and the ,,aarp ,public ,policy ,institute estimates that such reductions would grow to #c percent after #aj years and #h4e percent after #cj years2 ,whereas ,social ,security ,works estimates that using the ,chained ,,cpi to calculate ,social ,security ,c,o,l,as would reduce annual ,social ,security benefits of the average earner--who is making #dc1eah--;by #feh at age #ge1 #a1adg at age #he1 and #a1fbb at age #ie2 and ,whereas reductions in ,social ,security benefits would harm some of our most vulnerable populations3 ,now1 therefore1 be it ,that it is the sense of the ,congress that the ,chained ,consumer ,price ,index should not be used to calculate cost of living adjustments for ,social ,security benefits4