New rules for assessing presidential orders' inflation impact
This act requires an inflation impact estimate for significant presidential executive orders. This aims to increase transparency and accountability in decision-making, potentially helping citizens better understand the economic consequences of government actions on their daily finances.
Key points
The President must estimate how major executive orders will affect prices (inflation) before they are issued.
Government agencies will be required to assist in gathering data for these assessments.
Reports on these assessments will be regularly submitted to Congress, increasing public oversight.
Expired
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