To require employees of the Executive Office of the President to receive training on economic literacy, and for other purposes.

Bill 117 HR 5968, also known as the Economic Literacy Training Act, aims to mandate that employees of the Executive Office of the President undergo training on economic literacy. The purpose of this training is to ensure that staff members have a solid understanding of economic principles and concepts, which will enable them to make informed decisions and recommendations related to economic policy.

The bill does not specify the exact content or duration of the training, but it does require that it cover a range of topics related to economics, such as basic economic theory, fiscal policy, monetary policy, and the role of government in the economy. The goal is to equip employees with the knowledge and skills necessary to effectively analyze economic data, assess the potential impact of policy proposals, and communicate economic information to the President and other decision-makers.

In addition to the training requirement, the bill also includes provisions for reporting on the implementation of the training program and for evaluating its effectiveness. This will ensure that the program is meeting its objectives and that employees are receiving the necessary support to enhance their economic literacy. Overall, the Economic Literacy Training Act is aimed at improving the economic knowledge and decision-making capabilities of employees within the Executive Office of the President, ultimately leading to more informed and effective economic policy decisions.