To require the Executive Office of the President to provide an inflation estimate with respect to Executive orders with a significant effect on the annual gross budget, and for other purposes.
Reduce Exacerbated Inflation Negatively Impacting the Nation Act
This bill requires the Office of Management and Budget and the Council of Economic Advisers to provide an inflation estimate for each executive order that is projected to cause an annual gross budgetary or economic effect of at least $1 million.
The estimate must determine whether the executive order will have
The estimate must also (1) incorporate the inflationary impact of the debt servicing costs associated with the executive order; and (2) take into account the spending patterns of military personnel and of residents of non-metropolitan areas, including rural areas and farm households.
The requirements do not apply to executive orders that (1) provide for emergency assistance or relief at the request of any state or local government or an official of the government, or (2) are necessary for national security or the ratification or implementation of international treaty obligations.
Motion to reconsider laid on the table Agreed to without objection.
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Mr. Langworthy moved that the Committee rise.
On motion that the Committee rise Agreed to by voice vote.
Committee of the Whole House on the state of the Union rises leaving H.R. 347 as unfinished business.
Considered as unfinished business. (consideration: CR H976-988)
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
DEBATE - Pursuant to the provisions of H. Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Omar amendment No. 11.
DEBATE - Pursuant to the provisions of H. Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Perry amendment No. 12.
DEBATE - Pursuant to the provisions of H. Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Perry amendment No. 13.
DEBATE - Pursuant to the provisions of H. Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Roy amendment No. 14.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Roy amendment No. 14, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Raskin demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
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DEBATE - Pursuant to the provisions of H. Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Yakym amendment No. 15.
UNFINISHED BUSINESS - The Chair announced that the unfinished business was on the question of agreeing to the amendments, which had been debated earlier and on which further proceedings had been postponed.
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 347.
The previous question was ordered pursuant to the rule.
The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.
Passed/agreed to in House: On passage Passed by recorded vote: 272 - 148 (Roll no. 131).
Roll Call #131 (House)On passage Passed by recorded vote: 272 - 148 (Roll no. 131).
Roll Call #131 (House)Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 23.