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Higher Vote Threshold for Spending Bills During High Inflation

This proposal aims to make it harder to approve large government spending during periods of high inflation. If inflation exceeds 4%, budget bills will require a two-thirds vote in the Senate instead of a simple majority. This is intended to protect the value of money and citizens' financial stability.
Key points
Increases the required votes in the Senate for approving budget bills when inflation is high.
Applies when the Consumer Price Index increase exceeds 4% over a 12-month period.
Aims to curb government spending that could contribute to rising inflation.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_SRES_478
Sponsor: Sen. Blackburn, Marsha [R-TN]
Process start date: 2021-12-14
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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

Stop Inflationary Spending Resolution

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_SRES_478.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-12-14.

What are the main provisions?

Key points include:

  • Increases the required votes in the Senate for approving budget bills when inflation is high.
  • Applies when the Consumer Price Index increase exceeds 4% over a 12-month period.
  • Aims to curb government spending that could contribute to rising 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 Sen. Blackburn, Marsha [R-TN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Public Investments