Number: RL34168 Title: Automatic Cost of Living Adjustments: Some Economic and Practical Considerations Authors: Brian W. Cashell, Government and Finance Division Abstract: This report looks at how indexing influences the budget and identifies major programs that have indexing provisions. It also explains what price indexes attempt to measure and discusses some of their weaknesses. Finally, it points out some practical things to keep in mind when establishing an indexing provision. Pages: 10 Date: September 10, 2007