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Reduce Exacerbated Inflation Negatively Impacting the Nation Act

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Official summary

Version 00 · Introduced in Senate · Mar 8, 2023

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 or economic effect of at least $1 million.

The estimate must determine whether the executive order will have

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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 the spending patterns of military personnel and of residents of non-metropolitan areas, including rural areas and farm households.

The requirements do 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.

Read the summary on Congress.gov
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Who introduced it

Sen. Braun, Mike [R-IN] · R–IN

Committees

  • Homeland Security and Governmental Affairs Committee
2 cosponsorship records, including any withdrawals

Actions

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  1. Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

  2. Introduced in Senate

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

Source last updated: Dec 5, 2025. Consult Congress.gov for the current record.

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