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Act to Study Inflation's Impact on American Lives

This act directs the National Science Foundation to conduct a study on the impact of inflation on citizens' daily lives. The goal is to understand how rising prices affect living costs, wages, and national competitiveness. The study's findings will help Congress make decisions regarding future government spending.
Key points
The study will assess how inflation impacts the cost of living and the purchasing power of citizens' wages.
The analysis will cover inflation's impact on rural and underserved communities, as well as future generations.
The report is to include recommendations for Congress on the impact of further government spending on inflation.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_7747
Sponsor: Rep. Kim, Young [R-CA-39]
Process start date: 2022-05-12
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Combatting Painful Inflation (CPI) Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_7747.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-05-12.

What are the main provisions?

Key points include:

  • The study will assess how inflation impacts the cost of living and the purchasing power of citizens' wages.
  • The analysis will cover inflation's impact on rural and underserved communities, as well as future generations.
  • The report is to include recommendations for Congress on the impact of further government spending on inflation.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Kim, Young [R-CA-39].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Science, Space, and Technology.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy