Bill > HR361

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 conduct an analysis of the impact on inflation from certain reconciliation legislation reported or submitted pursuant to reconciliation directives in a concurrent resolution on the budget. The analysis would cover the fiscal year in which the legislation is to become effective and the following 4 fiscal years, providing the basis for each estimate. This requirement applies to reconciliation legislation that is reported to a House, submitted to a House Committee on the Budget, or submitted directly to the House Committee on Rules.