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US HR4181

US HR4181
Stop Inflationary Spending Act


summary

Introduced
06/25/2021
In Committee
06/25/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Congressional Budget and Impoundment Con- trol Act of 1974 to require the Congressional Budget Office to conduct an analysis of the impact on inflation from certain reconciliation legislation reported or sub- mitted pursuant to reconciliation directives in a concur- rent resolution on the budget.

AI Summary

This bill, the Stop Inflationary Spending Act, amends the Congressional Budget and Impoundment Control Act of 1974 to require the Congressional Budget Office (CBO) to analyze the impact on inflation of any reconciliation legislation reported to a House of Congress, submitted to a House Budget Committee, or submitted directly to the House Rules Committee. The CBO would be required to provide this analysis for the fiscal year the legislation is set to take effect and the following 4 fiscal years, along with the basis for its estimates. This requirement would take effect on the date of the bill's enactment.

Sponsors (20)

Last Action

Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 06/25/2021)

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