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Income Support: OMB Seeking Comments on Federal Poverty Level Inflation Measures

On May 7, the Office of Management
and Budget (OMB) issued a notice of solicitation of comments on how to measure
inflation for purposes of determining the federal poverty level. The agency
currently uses the Consumer Price Index for All Urban Consumers (CPI-U) to calculate
inflation. One option being considered is the Chained Consumer Price Index for
All Urban Consumers (C-CPI-U). The C-CPI-U will result in a lower estimation of
inflation than under current practice. Over time, this change would result in
people losing eligibility for these critical programs. The Federal Poverty
Level (FPL) is used to determine eligibility for several means-tested benefits,
including Medicaid and the Supplemental Nutrition Assistance Program (SNAP).

The post Income Support: OMB Seeking Comments on Federal Poverty Level Inflation Measures appeared first on The Capitol Insider.