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New Rules: Assessing Inflation's Impact on Prices and Family Purchasing Power.

This change requires Senate reports to include a detailed analysis of whether new laws might affect inflation, meaning price increases. This aims to help citizens understand how potential legal changes could impact their daily expenses and purchasing power, especially for low and middle-income families.
Key points
Senate reports will now include information on the potential impact of new laws on price increases in the economy.
The analysis will also assess how inflation might affect the purchasing power of low and middle-income families.
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Additional Information
Print number: 117_SRES_327
Sponsor: Sen. Scott, Rick [R-FL]
Process start date: 2021-07-28