Shrinkflation Reduction Act

3/22/2024, 4:05 AM

Congressional Summary of HR 7570

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.

Current Status of Bill HR 7570

Bill HR 7570 is currently in the status of Bill Introduced since March 6, 2024. Bill HR 7570 was introduced during Congress 118 and was introduced to the House on March 6, 2024.  Bill HR 7570's most recent activity was Referred to the House Committee on Oversight and Accountability. as of March 6, 2024

Bipartisan Support of Bill HR 7570

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
0
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7570

Primary Policy Focus

Economics and Public Finance

Alternate Title(s) of Bill HR 7570

Shrinkflation Reduction ActTo rescind unobligated funds under the American Rescue Plan Act of 2021, the Infrastructure Investment and Jobs Act, and the Inflation Reduction Act.Shrinkflation Reduction Act
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