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PRICE Act
12/29/2022, 10:33 PM
Congressional Summary of S 3770
Preventing Runaway Inflation in Consumer Expenditures Act or the PRICE Act
This bill establishes a point of order that prohibits the Senate from considering legislation that would cause a net increase in outlays unless the Congressional Budget Office certifies that inflation is below 3%. The point of order may be waived by an affirmative vote of three-fifths of the Senate.
Read the Full Bill
Current Status of Bill S 3770
Bill S 3770 is currently in the status of Bill Introduced since March 7, 2022. Bill S 3770 was introduced during Congress 117 and was introduced to the Senate on March 7, 2022. Bill S 3770's most recent activity was Read twice and referred to the Committee on the Budget. as of March 7, 2022
Bipartisan Support of Bill S 3770
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
0Republican Cosponsors
2Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3770
Primary Policy Focus
Economics and Public FinanceAlternate Title(s) of Bill S 3770
PRICE Act
PRICE Act
Preventing Runaway Inflation in Consumer Expenditures Act
A bill to establish a point of order against legislation that would cause a net increase in outlays unless the Director of the Congressional Budget Office certifies that inflation is below 3 percent.
Comments
Sponsors and Cosponsors of S 3770
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