Following today’s Social Security Administration announcement of a 2.8% cost-of-living adjustment for 2026, Cato Institute Director of Budget and Entitlement Policy Romina Boccia is available to discuss why the current inflation metric is flawed.
Boccia says Social Security is using an outdated measure that’s driving up benefit costs. She advocates for chained CPI, which would correct these flaws and more accurately reflect how people respond to rising prices.
Boccia argues that switching to chained CPI would better align benefit adjustments with real inflation, not artificially inflated estimates that worsen the program’s already unsustainable finances.
If you’d like to speak with Boccia, please reach out to Cato PR at pr@cato.org.
Upcoming Event:
Reimagining Social Security: Global Lessons for Retirement Policy Changes
- Social Security Explainer
- Reimagining Social Security
- Rethinking Social Security from a Global Perspective
- Congress Can’t Outgrow or Inflate Away the Social Security Financing Problem
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