,i #aafth ,,congress #ast ,session ,h4 ,r4 #gjg ,,in ,,the ,,house ,,of ,,representatives ,january #bb1 #bjai,mrs4 ,carolyn ,b4 ,maloney of ,new ,york 7for herself1 ,mr4 ,beyer1 ,ms4 ,adams1 ,mr4 ,takano1 ,mr4 ,meeks1 ,ms4 ,schakowsky1 ,mr4 ,foster1 ,ms4 ,wasserman ,schultz1 ,ms4 ,jackson ,lee1 ,mrs4 ,dingell1 ,ms4 ,norton1 ,mr4 ,khanna1 ,mr4 ,veasey1 ,mr4 ,smith of ,washington1 ,mr4 ,swalwell of ,california1 ,mr4 ,hastings1 ,mr4 ,johnson of ,georgia1 ,mr4 ,de,saulnier1 and ,mr4 ,garamendi7 introduced the following bill2 which was referred to the ,committee on ,oversight and ,reform ,a ,,bill ,to require the ,bureau of ,economic ,analysis of the ,department of ,commerce to provide estimates relating to the distribution of aggregate economic growth across specific percentile groups of income4 #a4 ,short title ,this ,act may be cited as the ,measuring ,real ,income ,growth ,act of #bjai4 #b4 ,findings ,congress finds the following3 7#a7 ,economic inequality in the ,united ,states has increased dramatically during the #d decades preceding the date of enactment of this ,act1 with fewer households taking home a larger share of the national income4 7#b7 ,while growth was once distributed relatively evenly across all individuals in the ,united ,states1 research shows that economic gains are increasingly enjoyed by the most affluent4 ,by contrast1 the majority of individuals in the ,united ,states have seen income and wage growth significantly below what is suggested by national measures of output and income4 7#c7 ,the ,bureau of ,economic ,analysis of the ,department of ,commerce 7referred to in this section as ,,bea7 reports annual and quarterly estimates of gross domestic product 7referred to in this section as ,,gdp7 in the ,united ,states4 ,these estimates are important measures of the overall size and health of the economy of the ,united ,states but do not describe how economic gains are distributed across the population of the ,united ,states4 7#d7 ,in a country of #cbe1jjj1jjj individuals1 top-line ,,gdp numbers do not capture the full range of household economic experiences and may be misleading4 ,the real ,,gdp grew more than #c percent annually between #bjjc and #bjje1 but the average income for #a_/b of all individuals in the ,united ,states fell during that period4 7#e7 ,disaggregating economic growth by income groups will provide a more complete picture of how families in the ,united ,states are faring across all rungs of the economic ladder and whether economic growth is benefiting all individuals in the ,united ,states4 7#f7 ,recent academic estimates of distributional growth show how much of the economic gains during the #dj years preceding the date of enactment of this ,act have accrued to the top of the income distribution4 ,between #aihj and #bjad1 the average income of the top #a percent of the income distribution grew #e times as much as the average income of the bottom #ij percent of the income distribution and more than #i times as much as the average income of the bottom #a_/b4 7#g7 ,official and timely estimates of distributional growth from ,,bea1 reported alongside top-line ,,gdp numbers1 would enable ,congress to better evaluate economic policies that impact every individual in the ,united ,states4 7#h7 ,efforts to address slow wage growth1 stagnant incomes1 and growing economic inequality require broadening the focus beyond ,,gdp and obtaining metrics that better correspond to the experiences of all families in the ,united ,states4 #c4 ,estimates of aggregate economic growth across income groups 7a7 ,definitions ,in this section3 7#a7 ,bureau ,the term ,bureau means the ,bureau of ,economic ,analysis of the ,department of ,commerce4 7#b7 ,gross domestic product analysis ,the term gross domestic product analysis-- 7,a7 means a quarterly or annual analysis conducted by the ,bureau with respect to the gross domestic product of the ,united ,states2 and 7,b7 includes a revision prepared by the ,bureau of an analysis described in subparagraph 7,a74 7#c7 ,recent estimate ,the term recent estimate means the most recent estimate described in subsection 7b7 that is available on the date on which the gross domestic product analysis with which the estimate is to be included is conducted4 7b7 ,inclusion in reports ,beginning in #bjbj1 in each gross domestic product analysis conducted by the ,bureau1 the ,bureau shall include a recent estimate of1 with respect to specific percentile groups of income1 the total amount that was added to the economy of the ,united ,states during the period to which the recent estimate pertains1 including in-- 7#a7 each of the #aj deciles of income2 and 7#b7 the highest #a percent of income4 7c7 ,authorization of appropriations ,there are authorized to be appropriated to the ,secretary of ,commerce such sums as are necessary to carry out this section4