S 715 United States Senate · 118th Congress

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

This bill requires the President to assess and report on the inflationary impact of major executive orders before they are issued. Specifically, it mandates that for any executive order projected to cause at least $1 million in annual economic impact (excluding emergencies or national security actions), the President must prepare a statement estimating its effect on inflation, including disaggregated data by consumer price index categories like Food and Energy. Agencies must provide necessary data to support these assessments, and the President must publish annual reports on these evaluations. The bill focuses on procedural accountability for inflation impacts within the executive branch, not direct policy changes affecting citizens or businesses.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
President
Introduced Mar 8, 2023 Last action Mar 8, 2023
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2
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Committee
1
Mar 8, 2023
Committee
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
upper
Mar 8, 2023
Introduced
Introduced in Senate
upper
1 primary · 2 co-sponsors

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