CSPAN2 Key Capitol Hill Hearings December 16, 2014
When we are doing automatic adjustments . With that said i think it would be an improvement however we did it so if we to indexing when it came to when it came to individual parameters that would make sense as well. One thing i would notice we should be sure to index both the benefit side and the revenue side as in fact Peter Diamond suggests. To be critical of such an automatic mechanism would not simply be solvency. Our Current System would probably be made solvent. Congress will just get around to it later and focus changes on later generations. So the idea here is to spread the adjustment ...
Source: archive.org