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Inflation Impact Analysis for Budget Legislation

This act requires the Congressional Budget Office (CBO) to analyze how new budget laws affect inflation. This helps citizens understand if and how government financial decisions might impact the prices of goods and services in their daily lives. The goal is to increase transparency and awareness of the consequences of public spending.
Key points
Inflation analysis required: CBO will assess the inflationary impact of major budget laws for five years after they take effect.
Increased transparency: Information on potential price impacts will be publicly available, helping citizens evaluate government decisions.
Better planning: Congress will have inflation data before making spending decisions, potentially leading to more responsible actions.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_361
Sponsor: Rep. Meuser, Daniel [R-PA-9]
Process start date: 2023-01-13
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Stop Inflationary Spending Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_361.

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 2023-01-13.

What are the main provisions?

Key points include:

  • Inflation analysis required: CBO will assess the inflationary impact of major budget laws for five years after they take effect.
  • Increased transparency: Information on potential price impacts will be publicly available, helping citizens evaluate government decisions.
  • Better planning: Congress will have inflation data before making spending decisions, potentially leading to more responsible actions.
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. Meuser, Daniel [R-PA-9].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy Public Investments