New House Rule: Check Bills for Inflation Impact
This change to House rules requires that before voting on new bills that could increase government spending or revenue, a report must be prepared. This report must detail whether the bill might cause prices and costs to rise, and how that price increase would affect the buying power of low and middle-income families.
Key points
Requirement to report on the potential inflationary impact of new bills.
Analysis of how inflation would affect the purchasing power of low and middle-income families.
Status:
Expired
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