,i  #aahth ,,congress  #ast ,session    
,h4 ,r4 #cdg  ,,in ,,the ,,house ,,of   
,,representatives  ,january #ab1        
#bjbc,ms4 ,stefanik 7for herself1 ,mr4  
,mc,henry1 ,mr4 ,smith of ,missouri1 and
 ,mr4 ,comer7 introduced the following  
bill2 which was referred to the         
,committee on ,oversight and            
,accountability  ,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 to have no          
significant impact on inflation1 is     
determined to have quantifiable         
inflationary impact on the consumer     
price index1 or is determined 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 ,president1 acting through the   
,director and the ,chair1 may reasonably
 request to assist the ,president1      
acting through the ,director and the    
,chair1 in carrying out this section4   
7c7 ,reporting ,not later than #ahj days
 after the date of the enactment of this
 ,act1 and every year thereafter1 the   
,president1 acting through the ,director
 and the ,chair1 shall submit to the    

,committees on the ,budget of the       
,senate and ,house of ,representatives a
 report containing each statement       
prepared and considered under subsection
 7a7 during the year4  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  
means any ,executive order that would be
 projected 7in a conventional cost      
estimate7 to cause an annual gross      
budgetary effect of at least            
#a1jjj1jjj1jjj1 but does not include any
 such measure that-- 7,a7 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  7,b7 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