Baucus: 'Disappointed' Obama budget has chained CPI

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Obama’s inclusion of chained CPI in the budget has taken fire from both Democrats and Republicans in recent days. Rep. Greg Walden (R-Ore.), the chairman of the House GOP’s campaign arm, said the administration, which also asked for some changes to Medicare, had unleashed a “shocking attack on seniors” with his budget.

Baucus, whose panel oversees Medicare and Social Security, joins some of the most liberal Democrats in Congress in criticizing the White House budget for including chained CPI. The Finance Committee chairman is also seeking a seventh term next year in a state that overwhelmingly voted for Mitt Romney in the 2012 presidential election.