Shrinkflation Reduction Act

Hozzl · 2024-03-22T04:05:18Z

Explore the details of House Bill 7570 Shrinkflation Reduction Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Economics and Public Finance. Stay informed on legislative developments.

3/22/2024, 4:05 AM

Shrinkflation Reduction Act

This bill rescinds unobligated funds that were provided by (1) the American Rescue Plan Act of 2021, (2) the Infrastructure Investment and Jobs Act, and (3) the Inflation Reduction Act.

Congress

118

Number

HR - 7570

Introduced on

2024-03-06

# Amendments

Variations and Revisions

3/6/2024

Text

PDF

XML

Status of Legislation

Bill Introduced

Introduced to House

House to Vote

Introduced to Senate

Senate to Vote

Purpose and Summary

Shrinkflation Reduction Act

This bill rescinds unobligated funds that were provided by (1) the American Rescue Plan Act of 2021, (2) the Infrastructure Investment and Jobs Act, and (3) the Inflation Reduction Act.

Alternative Names

Official Title as IntroducedTo rescind unobligated funds under the American Rescue Plan Act of 2021, the Infrastructure Investment and Jobs Act, and the Inflation Reduction Act.

Policy Areas

Economics and Public Finance

Comments

Recent Activity

Latest Summary3/20/2024

Shrinkflation Reduction Act

This bill rescinds unobligated funds that were provided by (1) the American Rescue Plan Act of 2021, (2) the Infrastructure Investment and Jobs Act, and (3) the Inflation Reduction Act.

Latest Action3/6/2024

Referred to the House Committee on Oversight and Accountability.