118th Congress · HOUSE BILLBILL

H.R. 361 — Stop Inflationary Spending Act

“To amend the Congressional Budget and Impoundment Control Act of 1974 to require the Congressional Budget Office 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.”

Economics and public finance

Introduced Jan 13, 2023

Last action Jan 13, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jan 13, 2023

Step 2

Referred

Jan 13, 2023

Budget · Rules

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill requires the Congressional Budget Office (CBO) to provide inflation projections for bills that Congress considers using the budget reconciliation process. Specifically, the CBO must estimate the impact on inflation that will occur from implementing each reconciliation bill, including the impact on inflation that will occur during each of the first five years after the enactment of the bill.

Provisions · 2 sectionsIntroduced in House

Timeline · 3 actions

Jan 13, 2023

Introduced in House

Jan 13, 2023

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.

Jan 13, 2023