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AARP Massachusetts Believes that Enacting the 'Chained CPI' Would Harm Both Veterans and Seniors


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(OPEN):
NEW NUMBERS RELEASED THIS WEEK [THE WEEK OF FEBRUARY 18TH] SPOTLIGHT WHAT A-A-R-P CALLS "A BIG PROBLEM" FOR MASSACHUSETTS-VETERANS--IF CONGRESS ENACTS THE "CHAINED CONSUMER-PRICE INDEX".  UNDER THIS PROPOSAL, 400-THOUSAND "BAY STATE"-VETERANS COULD LOSE MORE THAN 160-MILLION DOLLARS, OVER THE NEXT 10 YEARS.  VIETNAM-VETERAN CHARLIE DESMOND, OF DANVERS, SAYS...

(DESMOND):
"
VETERANS UNDERSTAND SACRIFICE--AND THE NEED FOR FISCAL DISCIPLINE.  BUT, OUR COUNTRY MADE PROMISES TO ME--AND [TO] EVERY OTHER VETERAN WHO SACRIFICED SO MUCH, FOR OUR NATION.  THOSE PROMISES MUST BE KEPT."

(BRIDGE):
THE "CHAINED C-P-I" WOULD CHANGE THE WAY THAT THE COST-OF-LIVING ADJUSTMENT IS CALCULATED, FOR BOTH VETERANS'-COMPENSATION AND SOCIAL SECURITY.  A 30-YEAR-OLD VETERAN, FOR EXAMPLE, MIGHT SEE HIS OR HER BENEFITS REDUCED BY NEARLY 15-HUNDRED DOLLARS, ANNUALLY, AT AGE 45--DOUBLE THAT, AT AGE 65.  A-A-R-P MASSACHUSETTS STATE-DIRECTOR, MICHAEL FESTA [AS IN "FESTIVE" AND "FRESCA"], SAYS...

(FESTA):
"
MASSACHUSETTS-VETERANS, AND THEIR FAMILIES, DESERVE OUR SUPPORT, AND [OUR] THANKS FOR THEIR SERVICE--NOT CUTS TO THE BENEFITS [THAT] THEY'VE EARNED, AND [THAT THEY] RELY ON.  THE 'CHAINED C-P-I' WOULD HAVE A DEVASTATING EFFECT [BOTH] ON THE FINANCIAL WELL-BEING OF OUR STATE'S VETERANS--AND ON SENIORS."

(CLOSE):
A-A-R-P AND NUMEROUS VETERANS'-GROUPS ARE URGING THEIR CONSTITUENTS TO CONTACT MEMBERS OF CONGRESS, WITH THE FOLLOWING MESSAGE:  "REJECT THIS 'SHORTSIGHTED' CUT--AND, INSTEAD, FIND 'RESPONSIBLE' WAYS TO ADDRESS THE NATION'S BUDGET-CHALLENGES."  FOR MORE INFORMATION, VISIT "A-A-R-P"-DOT-ORG-SLASH-"WHAT-YOU-LOSE".



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