,,ii ,calendar ,no4 #bc #aahth          
,,congress  #ast ,session  ,h4 ,r4 #cdg 
,,in ,,the ,,senate ,,of ,,the ,,united 
,,states  ,march #b1 #bjbc,received2    
read the first time  ,march #f1         
#bjbc,read the second time and placed on
 the calendar  ,,an ,,act  ,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  7#a7 
,in general ,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 or  
producer price index 7including a       
detailed description of such impact71 or
 is determined likely to have a         
significant impact on inflation but the 
amount cannot be determined at the time 
the estimate is prepared4 ,any statement
 prepared under this subsection shall   
incorporate the inflationary impact of  
the debt servicing costs associated with
 the applicable major ,executive order4 
,to the greatest extent practicable1 any
 estimate of the inflationary impact of 
any major ,executive order under this   
section shall take into account the     
spending patterns of military personnel 
and of residents of non-metropolitan    
areas1 including rural areas and farm   
households4  7#b7 ,,cpi impact          
disaggregated ,if an ,executive order is
 determined to have a quantifiable      

inflationary impact on the consumer     
price index under subsection 7a71 the   
statement required by such subsection   
shall include the amount of such impact 
on the consumer price index in total and
 disaggregated by the ,food1 ,energy1   
and ,all ,items ,less ,food and ,energy 
categories of the consumer price index  
7as such categories are determined by   
the ,secretary of ,labor in consultation
 with the ,commissioner of the ,bureau  
of ,labor ,statistics74  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 publish on the   
public website of the ,office of        
,management and ,budget and submit to   
the ,committees on the ,budget of the   
,senate and ,house of ,representatives1 
the ,committee on ,homeland ,security   
and ,governmental ,affairs of the       
,senate1 and the ,committee on          
,oversight and ,accountability of the   
,house of ,representatives a report     
containing each statement prepared and  
considered under subsection 7a7 during  
the year4  7d7 ,rule of construction    
,nothing in this section shall be       
construed to suggest that the task of   
combating inflation and bringing down   
the cost of living is the sole          
responsibility of the ,executive ,office
 of the ,president1 and not also a key  
pursuit of the ,united ,states ,house of
 ,representatives during the #aahth     
,congress through thoughtful1 productive
 legislative action4  7e7 ,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 or economic effect of at least
 #a1jjj1jjj1 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    
,passed the ,house of ,representatives  
,march #a1 #bjbc4;,cheryl ,l4           
,johnson1,clerk4  ,march #f1 #bjbc,read 

the second time and placed on the       
calendar