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Campaign committee, whoa, whoa, whoa, hold on here, this is not necessarily good for our most vulnerable republicans. that's his job. >> i got you. to recap on this, what happened the other day the president said in his budget one of the ways we have to save money, get the debt down is deal with this cpi the way we adjust social security and other payments by the government and change the formula so it doesn't go up so much every year. he'd argue it's an accurate account of how much inflation there really is. here's the republican congressman from oregon, who chairs the committee. keep going. ...

Whoa, hold on here, this is not necessarily good for our most vulnerable republicans. that's his job. >> i got you. to recap on this, what happened the other day the president said in his budget one of the ways we have to save money, get the debt down is deal with this cpi the way we adjust social security and other payments by the government and change the formula so it doesn't go up so much every year. he'd argue it's an accurate account of how much inflation there really is. here's the republican congressman from oregon, who chairs the committee. keep going. for re-election of all the house...

Actually, the real effect of it is this is the more accurate measure. >> and they are wrong. the argument is, look, if the price of apples go up, you buy more bananas and we'll take that into account. that sounds good unless you realize the cpi we have right now is not based on what the elderly buy, not the basket of goods the senior citizens face, it's a different basket, a basket that doesn't go up as fast. if you want a cpi index for the seniors, then cpie for elderly much more accurately tracks it and it's a higher cpi. this goes in exactly the wrong direction. >> jonathan, i feel you've b...

Is that we have a long-term plan to deal with our entitlement spending and then also keep the economy growing by not imposing higher taxes on companies and small businesses and job creators. i think what the president is doing with this cpi thing, which i personally support, but it's -- >> you're reasonable. >> but it's also a dangerous trap. if the democrats -- the problem for greg walden is democrats are not going to say, hey, i support this. what they're going to do is oppose it and then if republicans support it they're going to run against republicans on that issue. so greg walden who's h...

Certain relative goods goes up and down. actually, the real effect of it is this is the more accurate measure. >> and they are wrong. the argument is, look, if the price of apples go up, you buy more bananas and we'll take that into account. that sounds good unless you realize the cpi we have right now is not based on what the elderly buy, not the basket of goods the senior citizens face, it's a different basket, a basket that doesn't go up as fast. if you want a cpi index for the seniors, then cpie for elderly much more accurately tracks it and it's a higher cpi. this goes in exactly the wron...