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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
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
Sponsors
Role
Legislator
Party
State
District
P
Mike Braun
RRepublican
Co
Joe Manchin, III
IIndependent
Co
Rick Scott
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about S 715
Scope: US
Hi! I can help you understand S 715. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline