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House Speaker Paul D. Ryan and other Republicans on Capitol Hill introduced their far-reaching tax overhaul on Thursday. Republican tax-writers have decided to shift the tax code's inflation index from the Consumer Price Index, or CPI, to something known as chained CPI, which is a slower-growing method of calculating cost-of-living increases. (Associated Press/File)
Photo by: J. Scott Applewhite
House Speaker Paul D. Ryan and other Republicans on Capitol Hill introduced their far-reaching tax overhaul on Thursday. Republican tax-writers have decided to shift the tax code's inflation index from the Consumer Price Index, or CPI, to something known as chained CPI, which is a slower-growing method of calculating cost-of-living increases. (Associated Press/File)

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