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Executive Orders Must Include Public Inflation Cost Estimates.

This law mandates that the President must publicly assess the potential inflationary impact of all major Executive Orders before they are implemented. The goal is to increase transparency regarding how significant government actions might affect citizens' cost of living and personal finances. These assessments must detail the impact on consumer prices, including food and energy costs, and be made publicly available online.
Key points
Requires the Executive Branch to forecast the inflationary effects of any major Executive Order projected to cost over $1 million annually.
Estimates must specifically detail the impact on the Consumer Price Index (CPI), broken down by categories like Food and Energy, and consider rural and military spending patterns.
The results of these inflation analyses must be published annually on the Office of Management and Budget (OMB) public website for citizen review.
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Additional Information
Print number: 118_S_715
Sponsor: Sen. Braun, Mike [R-IN]
Process start date: 2023-03-08
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_715.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-03-08.

What are the main provisions?

Key points include:

  • Requires the Executive Branch to forecast the inflationary effects of any major Executive Order projected to cost over $1 million annually.
  • Estimates must specifically detail the impact on the Consumer Price Index (CPI), broken down by categories like Food and Energy, and consider rural and military spending patterns.
  • The results of these inflation analyses must be published annually on the Office of Management and Budget (OMB) public website for citizen review.
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. Braun, Mike [R-IN].

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 2025-12-27.

CATEGORIES

Economy