Reducing Eligibility to Life Saving Services
The current administration has continuously targeted federal benefit programs important to low-income Americans for drastic cuts. A new effort follows suit by proposing a change to how the ‘poverty threshold’ is to be calculated, which will decrease the number of people eligible for important federal benefit programs like the Supplemental Nutrition Assistance Program (SNAP) and Medicaid. This would affect millions of extremely low-income individuals and families. The current measurement called the “consumer price index (CPI)” has been used for a long time to set the annualized increases in the official poverty threshold. The administration is considering using what is known as “the chained CPI”, a different inflation measure that would result in a slower annual increase of inflation over time. “Chained CPI” assumes that as the prices of goods go up, individuals substitute less expensive items, thereby reducing their overall expenses. Why is this important? The proposed change wou...