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United States · Bill · S

S. 4598 (117th)

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

referredUnited States· United States Congress· EN

Introduced

21 July 2022

Last action

21 July 2022 · Introduced

Status

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

Sponsors

Sen. Braun, Mike [R-IN], Sen. Scott, Rick [R-FL]

Subjects

Budget

Source updated

14 January 2025

Budget

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 21 July 2022

    Introduced

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

    Source: IntroReferral

  2. 21 July 2022

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 21 July 2022

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 21 July 2022

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 21 July 2022

    Open at official source

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Sponsors

Related records

Sources

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