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Report on Rules' Impact on Inflation and Economy

This act requires the government to analyze how new, significant rules affect inflation and economic growth. If rules contribute to increased inflation or economic decline, their enforcement may be suspended, and they could even be permanently removed. This aims to protect your finances and the country's economic stability.
Key points
The government will have to check if new, important rules cause price increases (inflation) or economic slowdowns.
If rules are found to harm the economy or increase inflation, their application may be suspended, or they may be completely removed.
Government agencies will not be able to introduce new rules to replace those removed unless they prove they will not harm the economy or increase inflation.
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Additional Information
Print number: 117_HR_9263
Sponsor: Rep. Clyde, Andrew S. [R-GA-9]
Process start date: 2022-11-03