This bill requires the Office of Management and Budget and the Council of Economic Advisers to provide an inflation estimate for each executive order that is projected to cause an annual gross budgetary or economic effect of at least $1 million. The estimate must determine whether the executive order will have no significant impact on inflation, a quantifiable inflationary impact on the Consumer Price Index or the Producer Price Index, or a significant impact on inflation that cannot be quantified at the time the estimate is prepared. The estimate must also (1) incorporate the inflationary impact of the debt servicing costs associated with the executive order; and (2) take into account th...
On Passage: H R 347 Reduce Exacerbated Inflation Negatively Impacting the Nation Act
H.R. 347
Roy of Texas Amendment No. 14
On Agreeing to the Amendment: Amendment 13 to H R 347 · H.R. 347
To strike exceptions to the mandatory inflation forecasting requirement
Lee of Nevada Amendment No. 9
On Agreeing to the Amendment: Amendment 8 to H R 347 · H.R. 347
To state that nothing in this bill should be construed to suggest that the task of combating inflation and bringing down the cost of living is the sole responibility of the Executive Office of the President
Jackson Lee of Texas Amendment No. 7
On Agreeing to the Amendment: Amendment 6 to H R 347 · H.R. 347
To add at the end of section 2(d) the definition to "significant impact" in Sec.2 (a). The term significant impact on inflation means an Executive order was estimated to increase or decrease Consumer Price Index inflation by at least 1% percentage point over the course of a year
Jackson Lee of Texas Amendment No. 6
On Agreeing to the Amendment: Amendment 5 to H R 347 · H.R. 347
To insert into Sec. 2 (a) line 10 "or" after "inflations and Strikes Sec.(a) lines 11-14. To clarify and make consistent with economic policy on inflationary impacts and effects
Boebert of Colorado Amendment No. 3
On Agreeing to the Amendment: Amendment 3 to H R 347 · H.R. 347
To require the inflation estimate to be made publicly available by publishing on the OMB website
Bost of Illinois Amendment No. 1
On Agreeing to the Amendment: Amendment 1 to H R 347 · H.R. 347
To require that the inflationary report take into account the spending patterns of military personnel, rural areas, and farm households