PRICE Act

Hozzl · 2022-12-29T22:33:33Z

Explore the details of Senate Bill 3770 PRICE 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.

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.

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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

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3770

Primary Policy Focus

Economics and Public Finance

Alternate Title(s) of Bill S 3770

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.