![]() ![]() The Office of Management and Budget, which has provided guidance to agencies on the current measurement that hasn’t changed in four decades, wants to consider whether updates are warranted. One of the indexes is used to adjust poverty thresholds, which underlie the calculation of eligibility for a number of benefit programs including Medicaid, food stamps and school lunches and breakfasts for poor children. The initiative is part of a re-evaluation of six inflation indexes used to track the impact on consumers of rising or falling prices. The White House Budget Office is considering its first update to inflation adjustment guidelines for poverty thresholds since 1978, with potential consequences for benefit programs serving low-income households.
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