President Obama's Budget: Hardly a "Grand Bargain"

... Obama's lengthy budget does contain one notably positive item: the implementation of "chained CPI" in Social Security, which will require a bit of an explanation. Each year, Social Security benefits increase on the basis of cost-of-living ...

http://www.freedomworks.org/blog/daniel-anderson/president-obama%E2%80%99s-budget-hardly-a-%E2%80%9Cgrand-bargain%E2%80%9D