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  • Expert: New inflation index could reduce budget deficit

    With its Nov. 23 deadline looming, the Congressional "super-committee" charged with reducing the federal budget deficit may change how the government measures inflation, which could raise tax revenues and lower government expenses like Social Security, says law professor Richard L. Kaplan.

    With its Nov. 23 deadline looming, the Congressional "super-committee" charged with reducing the federal budget deficit may change how the government measures inflation, which could raise tax revenues and lower government expenses like Social Security, says law professor Richard L. Kaplan.

    Photo by L. Brian Stauffer

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