,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #baed  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #bc1 #bjac ,mr4  
,duncan ( ,t5nessee 7= himself1 ,mr4    
,lip9ski1 ,mr4 ,roe ( ,t5nessee1 & ,mr4 
,h>p]7 introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,education & !
 ,work=ce  ,a ,,bill  ,to m&ate ! mon?ly
 =mulation & publication ( a consum]    
price index specifically = s5ior citiz5s
 = ! purpose ( e/abli%+ an accurate     
,social ,security ,,cola = su* citiz5s4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,,cpi = ,s5iors ,act ( #bjac4  #b4    
,f9d+s ,! ,congress f9ds ! foll[+3  7#a7
 ,ea* ye> ! ,bureau ( ,labor ,/ati/ics (
 ! ,dep>tm5t ( ,labor prep>es & publi%es
 consum] price indices 7! mo/ notable   
be+ ! ,consum] ,price ,index or ,,cpi7 t
 measure ! rate ( inflation 9 ! economy 
( ! ,unit$ ,/ates4  7#b7 ,a d]ivative ( 
! ,,cpi is us$ to det]m9e an annual     
co/-(-liv+ adju/m5t 7h]e9aft] ref]r$ to 
z ,,cola7 = millions ( s5ior citiz5s    
7individuals ag$ #fb & ov]7 :o dep5d on 

_! respective ,social ,security b5efits4
  7#c7 ,! ,social ,security ,,cola is   
calculat$ us+ ! ,consum] ,price ,index =
 ,urban ,wage ,e>n]s & ,cl]ical ,work]s 
7h]e9aft] ref]r$ to z ,,cpi-,w71 a      
subset ( ! population cov]$ by !        
,consum] ,price ,index = ,all ,urban    
,consum]s 7h]e9aft] ref]r$ to z         
,,cpi-,u74  7#d7 ,:ile ! exp]im5tal     
,consum] ,price ,index = ,am]icans #fb  
,ye>s ( ,age & ,old] 7h]e9aft] ref]r$ to
 z ,,cpi-,e7 is a m accurate measure ( !
 av]age price ( consum] goods & s]vices 
pur*as$ by s5ior citiz5s ?an ! ,,cpi-,w1
 x too is d]iv$ f ! ,,cpi-,u4  7#e7     
,accord+ to num]\s cr$ible au?orities1 !
 pres5t me?ods 7,,cpi-,u1 ,,cpi-,w1 &   
,,cpi-,e to a less] ext5t7 us$ to       
measure inflation are flaw$ & defici5t 9
 measur+ ! av]age price ( consum] goods 
& s]vices pur*as$ by s5ior citiz5s1 & ! 
ov]all impact ( inflation on su*        
citiz5s4  7#f7 ,! pres5t sampl+ reg>d+  
s5ior citiz5s is too small "u ! me?ods  
ref]r$ to 9 p>agraph 7#e71 creat+ an    

opportunity = sampl+ error4  7#g7       
,prices us$ "u ! me?ods ref]r$ to 9     
p>agraph 7#e7 are bas$ on geographic    
areas1 retail outlets1 & sample items   
us$ & pur*as$ by y\ng] consum]s & are n 
necess>ily repres5tative ( ! geographic 
areas1 retail outlets1 & sample items   
us$ & pur*as$ by s5ior citiz5s4  7#h7 ,!
 locations us$ "u ! me?ods ref]r$ to 9  
p>agraph 7#e7 are urban locations t d n 
reflect ! economic *all5ges fac$ 9 rural
 communities1 :i* (t5 h a f> l>g]       
demographic segm5t ( s5ior citiz5s4     
7#i7 ,s5ior citiz5s nei!r h !           
flexibility or ! ability t y\ng]        
consum]s h to sub/itute necess>y        
pur*ases 9 response to *anges 9 prices1 
nor ! same options z y\ng] consum]s h to
 supplem5t _! income4  7#aj7 ,premium   
increases = "p ,b ( ,m$ic>e1 "p ,d (    
,m$ic>e1 & o!r heal? c>e co/s affect+   
s5ior citiz5s are n adequately consid]$ 
"u ! me?ods ref]r$ to 9 p>agraph 7#e74  
7#aa7 ,! co/ ( taxes on ,social         
,security income is n consid]$ "u !     

me?ods ref]r$ to 9 p>agraph 7#e71 ?us   
putt+ s5ior citiz5s at a great] economic
 disadvantage ea* ye>4  #c4 ,m&ate !    
mon?ly =mulation & publication ( a      
consum] price index = s5iors  7a7       
,e/abli%m5t ( new ,,cpi ,! ,bureau (    
,labor ,/ati/ics ( ! ,dep>tm5t ( ,labor 
%all prep>e & publi% an index mon?ly to 
be kn[n z ! ,consum] ,price ,index =    
,s5iors 7h]e9aft] ref]r$ to z ,,cpi-,s7 
t indicates mon?ly *anges 9 exp5ditures 
= consumption t are typical =           
individuals 9 ! ,unit$ ,/ates :o are #fb
 ye>s ( age or old]4  7b7 ,submittal to 
,congress ,! ,bureau ( ,labor ,/ati/ics 
( ! ,dep>tm5t ( ,labor %all submit to ! 
,jo9t ,economic ,committee a description
 ( ! actions tak5 by su* ,bureau to meet
 ! requirem5ts ( ?is section n lat] ?an 
#f mon?s aft] ! date ( enactm5t ( ?is   
,act1 & semi-annually !reaft]4  7c7     
,au?orization ( appropriations ,!re are 
au?oriz$ to be appropriat$ su* sums z   
are necess>y to c>ry out ! provisions ( 
?is section4