,,ii #aagth ,,congress #b;d ,session ,s4 #cdie ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,january #ab 7legislative day1 ,january #aj71 #bjbb,mr4 ,scott of ,south ,carolina 7for himself1 ,mr4 ,thune1 ,ms4 ,ernst1 ,mr4 ,rubio1 ,mr4 ,lankford1 ,mr4 ,grassley1 ,mr4 ,hoeven1 ,mr4 ,scott of ,florida1 ,mr4 ,hagerty1 ,mr4 ,young1 and ,mr4 ,daines7 introduced the following bill2 which was read twice and referred to the ,committee on ,rules and ,administration ,a ,,bill ,to create a point of order against spending that will increase inflation unless inflation is not greater than #d4e percent1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,inflation ,prevention ,act4 #b4 ,point of order against spending that will increase inflation until inflation is not greater than #d4e percent 7a7 ,point of order 7#a7 ,in general ,in the ,senate1 it shall not be in order to consider a provision in a bill1 joint resolution1 motion1 amendment1 amendment between the ,houses1 or conference report that provides new budget authority and that is estimated to result in an increase in the ,consumer ,price ,index for ,all ,urban ,consumers1 as published by the ,bureau of ,labor ,statistics1 unless the annualized rate of increase in the ,consumer ,price ,index for ,all ,urban ,consumers most recently published by the ,bureau of ,labor ,statistics is not more than #d4e percent4 7#b7 ,point of order sustained ,if a point of order is made by a ,senator against a provision described in paragraph 7#a71 and the point of order is sustained by the ,chair1 that provision shall be stricken from the measure and may not be offered as an amendment from the floor4 7#c7 ,determination of effect on inflation 7,a7 ,in general ,the estimated amount of the increase in the ,consumer ,price ,index for ,all ,urban ,consumers1 if any1 for purposes of this section shall be determined based on estimates prepared by the ,congressional ,budget ,office4 7,b7 ,provision of estimates ,upon request by a ,member of ,congress1 the ,congressional ,budget ,office shall prepare an estimate of the effect on the ,consumer ,price ,index for ,all ,urban ,consumers of the provisions in a bill1 joint resolution1 motion1 amendment1 amendment between the ,houses1 or conference report that provide new budget authority4 7b7 ,form of the point of order ,a point of order under subsection 7a77#a7 may be raised by a ,senator as provided in section #cac7;e7 of the ,congressional ,budget ,act of #aigd 7#b ,u4,s4,c4 #fdd7;e774 7c7 ,conference reports ,when the ,senate is considering a conference report on1 or an amendment between the ,houses in relation to1 a bill or joint resolution1 upon a point of order being made by any ,senator pursuant to subsection 7a77#a71 and such point of order being sustained1 such material contained in such conference report or ,house amendment shall be stricken1 and the ,senate shall proceed to consider the question of whether the ,senate shall recede from its amendment and concur with a further amendment1 or concur in the ,house amendment with a further amendment1 as the case may be1 which further amendment shall consist of only that portion of the conference report or ,house amendment1 as the case may be1 not so stricken4 ,any such motion in the ,senate shall be debatable4 ,in any case in which such point of order is sustained against a conference report 7or ,senate amendment derived from such conference report by operation of this subsection71 no further amendment shall be in order4 7d7 ,supermajority waiver and appeal ,in the ,senate1 this section may be waived or suspended only by an affirmative vote of three-fifths of the ,members1 duly chose and sworn4 ,an affirmative vote of three-fifths of ,members of the ,senate1 duly chosen and sworn shall be required to sustain an appeal of the ruling of the ,chair on a point of order raised under this section4 #c4 ,notification 7a7 ,in general ,the ,congressional ,budget ,office shall notify ,congress if the annualized rate of increase in the ,consumer ,price ,index for ,all ,urban ,consumers is greater than #d4e percent4 7b7 ,submission ,the ,congressional ,budget ,office may submit the certification required under subsection 7a7 as part of another report required to be submitted to ,congress4