PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Oversight and Reform.
Congressional Research Service
Version 00 · Introduced in House · Jul 13, 2022
Reduce Exacerbated Inflation Negatively Impacting the Nation Act
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 effect of at least $1 billion.
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
a significant impact on inflation that cannot be quantified at the time the estimate is prepared.
The requirement does not apply to executive orders that (1) provide for emergency assistance or relief at the request of any state or local government or an official of the government, or (2) are necessary for national security or the ratification or implementation of international treaty obligations.
People & committees
Rep. Stefanik, Elise M. [R-NY-21] · R–NY
Legislative record
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Referred to the House Committee on Oversight and Reform.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Feb 4, 2025. Consult Congress.gov for the current record.
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