Personal Finance Advice and Commentary

It’s hard to keep up with Washington’s progress (or lack thereof) on talks about the debt ceiling limit, so I asked Bankrate’s tax blogger Kay Bell for the latest news. She said the meeting is down to two people at the moment: President Barack Obama and House Speaker John Boehner (R-Ohio). I asked her if

As Congress struggles with ways to reduce the federal deficit, one of the approaches that appears to be among the most likely to be adopted is a revision in the way the Consumer Price Index is calculated. The CPI measures how much the cost of the things people buy is affected by inflation. The chained