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United States · Bill · HR

H.R. 347 (118th)

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

openUnited States· United States Congress· EN

Introduced

12 January 2023

Last action

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Status

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 23.

Sponsors

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Subjects

Discovery layer

Source updated

5 December 2025

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Summary

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.

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Documents

8 official files

Placed on Calendar Senate (text)

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