Some politicians in Washington are proposing to cut benefits for Social Security beneficiaries and people with disabilities by changing the formula used to calculate cost-of-living adjustments (COLAs). The stingier formula, known as the chained CPI, would significantly cut the benefits of all current and future Social Security beneficiaries, including disabled workers. This cut would be especially harmful to people with disabilities, many of whom receive both Social Security disability and SSI benefits.
Any budget or plan that includes the chained CPI will hurt people with disabilities and Social Security beneficiaries. This fact sheet documents how budget proposals that include the chained CPI will harm America’s disabled workers and their families.