Senate Bill 715 - Reduce Exacerbated Inflation Negatively Impacting the Nation Act

Purpose and Summary

Chamber: Senate

Introduced date: 2023-03-08

Recent Activity

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

Alternative Names

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

A bill to require the Executive Office of the President to provide an inflation estimate with respect to Executive orders with a significant effect on the annual gross budget, and for other purposes.

Associated Legislation

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

Policy Areas

Economics and Public Finance

Potential Impact

Budget process

Congressional oversight

Congressional-executive branch relations

Government information and archives

Government studies and investigations

Inflation and prices

Presidents and presidential powers, Vice Presidents

Sponsors and Supporters

Sen. Braun, Mike [R-IN]

Cosponsors and Supporters

Sen. Scott, Rick [R-FL]

Committees and Subcommittees

Homeland Security and Governmental Affairs Committee

Variations and Revisions

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

12/15/2023, 4:06 PM

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 i...

Congress
118

Number
S - 715

Introduced on
2023-03-08

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/8/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and 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 i...

Alternative Names
Official Title as IntroducedA bill to require the Executive Office of the President to provide an inflation estimate with respect to Executive orders with a significant effect on the annual gross budget, and for other purposes.

Policy Areas
Economics and Public Finance

Potential Impact
Budget process•
Congressional oversight•
Congressional-executive branch relations•
Government information and archives•
Government studies and investigations•
Inflation and prices•
Presidents and presidential powers, Vice Presidents

Comments

Recent Activity

Latest Summary3/24/2023

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 i...


Latest Action3/8/2023
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.