Sentence examples for inflation formula from inspiring English sources

Mr. Obama had given tentative support to Republicans' demand that the government adopt a new inflation formula for calculating cost-of-living adjustments for federal benefits.

Besides the tax increases that most Republicans continue to oppose, Mr. Obama's budget will propose a new inflation formula that would have the effect of reducing cost-of-living payments for Social Security benefits, though with financial protections for low-income and very old beneficiaries, administration officials said.

"Fares need to be held down for the long term while wages catch up, and the inflation formula finally needs to change from the retail price index to the lower, fairer consumer price index to bring it in line with other measures".

But Democrats said they would never include the new inflation formula in the smaller deal now being sought to forestall wide-ranging tax boosts and budget cuts, and Republicans relented.

The group have launched a petition calling on government to end the above-inflation formula used for determining the annual rise and commit to reducing fares relative to inflation.

Previously, social housing rents could increase by 1% more than inflation – a formula set by the chancellor in 2013 and intended to last for 10 years.

There are other ways to reduce the deficit, including getting rid of the mortgage-interest deduction, raising the age of eligibility for Medicare and Social Security, altering the inflation-indexation formula, or proposing some sort of tax reform that raises additional revenue.

A standard sleight-of-hand is to adjust the inflation-linking formula behind pension payments so that the real value of the pension falls over time.The assumption that governments will default, at least in part, on pension promises is one reason why public-debt-to-GDP numbers do not include the present value of future pension promises.

Florida, Georgia, Maryland, Rhode Island, and Utah have all put their infrastructure budgets on a more sustainable path by writing automatic inflation adjustment formulas into their gas tax laws.

Whittingdale said that the inflation-linked funding formula was still dependent on the outcome of charter renewal negotiations.

The budget is tightly tied to a complex formula involving inflation rates, including that of the biggest donor country, the United States, which contributes nearly 16percentt of the budget.