,,ii #aagth ,,congress #b;d ,session ,s4 #deih ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,july #ba1 #bjbb,mr4 ,braun 7for himself and ,mr4 ,scott of ,florida7 introduced the following bill2 which was read twice and referred to the ,committee on ,homeland ,security and ,governmental ,affairs ,a ,,bill ,to require the ,executive ,office of the ,president to provide an inflation estimate with respect to executive orders with a significant effect on the annual gross budget1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,reduce ,exacerbated ,inflation ,negatively ,impacting the ,nation ,act4 #b4 ,executive order mandated inflation accountability and reform 7a7 ,mandatory inflation forecasting ,for any major executive order1 the ,president1 acting through the ,director of the ,office of ,management and ,budget and the ,chair of the ,council of ,economic ,advisers1 shall prepare and consider a statement estimating the inflationary effects of the executive order1 including whether the executive order is determined-- 7#a7 to have no significant impact on inflation2 7#b7 to have quantifiable inflationary impact on the consumer price index2 or 7#c7 likely to have a significant impact on inflation but the amount cannot be determined at the time the estimate is prepared4 7b7 ,agency assistance ,the head of each agency shall provide to the ,president1 acting through the ,director and the ,chair1 such information and assistance as the ,president may reasonably request to assist the ,president in carrying out this section4 7c7 ,reporting ,not later than #ahj days after the date of enactment of this ,act1 and every year thereafter1 the ,president1 acting through the ,director and the ,chair1 shall submit to the ,committee on the ,budget of the ,senate and the ,committee on the ,budget of the ,house of ,representatives a report containing each statement prepared and considered under subsection 7a7 during the year before the year during which the report is submitted4 7d7 ,definitions ,in this section3 7#a7 ,agency ,the term agency has the meaning given such term in section #eea of title #e1 ,united ,states ,code4 7#b7 ,major executive order ,the term major executive order-- 7,a7 means an executive order that would be projected 7in a conventional cost estimate7 to cause an annual gross budgetary effect of at least #a1jjj1jjj1jjj2 and 7,b7 does not include an executive order that-- 7i7 provides for emergency assistance or relief at the request of any ,state or local government or any official of a ,state or local government2 or 7ii7 is necessary for the national security or the ratification or implementation of international treaty obligations4 7#c7 ,state ,the term ,state means each ,state of the ,united ,states1 the ,district of ,columbia1 each commonwealth1 territory1 or possession of the ,united ,states1 and each federally recognized ,indian ,tribe4