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    <number>715</number>
    <updateDate>2025-12-05T08:53:09Z</updateDate>
    <updateDateIncludingText>2025-12-05T08:53:09Z</updateDateIncludingText>
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    <introducedDate>2023-03-08</introducedDate>
    <congress>118</congress>
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        <chamber>Senate</chamber>
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            <name>Referred To</name>
            <date>2023-03-08T20:07:10Z</date>
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    <relatedBills>
      <item>
        <title>Reduce Exacerbated Inflation Negatively Impacting the Nation Act</title>
        <congress>118</congress>
        <number>347</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2023-03-06</actionDate>
          <text>Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 23.</text>
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        <actionDate>2023-03-08</actionDate>
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            <name>Homeland Security and Governmental Affairs Committee</name>
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        <sourceSystem>
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        <text>Read twice and referred to the Committee on Homeland Security and Governmental Affairs.</text>
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        <actionDate>2023-03-08</actionDate>
        <text>Introduced in Senate</text>
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        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>B001310</bioguideId>
        <fullName>Sen. Braun, Mike [R-IN]</fullName>
        <firstName>Mike</firstName>
        <lastName>Braun</lastName>
        <party>R</party>
        <state>IN</state>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>S001217</bioguideId>
        <fullName>Sen. Scott, Rick [R-FL]</fullName>
        <firstName>Rick</firstName>
        <lastName>Scott</lastName>
        <party>R</party>
        <state>FL</state>
        <sponsorshipDate>2023-03-08</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001183</bioguideId>
        <fullName>Sen. Manchin, Joe, III [D-WV]</fullName>
        <firstName>Joseph</firstName>
        <lastName>Manchin</lastName>
        <party>D</party>
        <state>WV</state>
        <sponsorshipDate>2024-01-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Economics and Public Finance</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Budget process</name>
          <updateDate>2023-03-27T19:47:33Z</updateDate>
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        <item>
          <name>Congressional oversight</name>
          <updateDate>2023-03-27T19:47:33Z</updateDate>
        </item>
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          <name>Congressional-executive branch relations</name>
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          <name>Government studies and investigations</name>
          <updateDate>2023-03-27T19:47:33Z</updateDate>
        </item>
        <item>
          <name>Inflation and prices</name>
          <updateDate>2023-03-27T19:47:33Z</updateDate>
        </item>
        <item>
          <name>Presidents and presidential powers, Vice Presidents</name>
          <updateDate>2023-03-27T19:47:33Z</updateDate>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Economics and Public Finance</name>
        <updateDate>2023-03-24T10:47:17Z</updateDate>
      </policyArea>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-03-08</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2023-03-24T10:42:02Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;strong&gt;Reduce Exacerbated Inflation Negatively Impacting the Nation Act &lt;/strong&gt;&lt;/p&gt; &lt;p&gt;This bill requires the Office of Management and Budget and the Council of Economic Advisers to provide an inflation estimate for each executive order that is projected to cause an annual gross budgetary or economic effect of at least $1 million. &lt;/p&gt; &lt;p&gt;The estimate must determine whether the executive order will have &lt;/p&gt; &lt;ul&gt; &lt;li&gt;no significant impact on inflation,&lt;/li&gt; &lt;li&gt;a quantifiable inflationary impact on the Consumer Price Index or the Producer Price Index, or&lt;/li&gt; &lt;li&gt;a significant impact on inflation that cannot be quantified at the time the estimate is prepared.&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;The estimate must also (1) incorporate the inflationary impact of the debt servicing costs associated with the executive order; and (2) take into account the spending patterns of military personnel and of residents of non-metropolitan areas, including rural areas and farm households.&lt;/p&gt; &lt;p&gt;The requirements do not apply to executive orders that (1) provide for emergency assistance or relief at the request of any state or local government or an official of the government, or (2) are necessary for national security or the ratification or implementation of international treaty obligations.&lt;/p&gt;</text>
        </cdata>
      </summary>
    </summaries>
    <title>Reduce Exacerbated Inflation Negatively Impacting the Nation Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Reduce Exacerbated Inflation Negatively Impacting the Nation Act</title>
        <updateDate>2024-07-24T15:23:30Z</updateDate>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Reduce Exacerbated Inflation Negatively Impacting the Nation Act</title>
        <updateDate>2024-05-24T13:41:57Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>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 budget, and for other purposes.</title>
        <updateDate>2023-03-21T02:13:52Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in Senate</type>
        <date>2023-03-08T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118s715is/xml/BILLS-118s715is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2023-03-08</actionDate>
      <text>Read twice and referred to the Committee on Homeland Security and Governmental Affairs.</text>
    </latestAction>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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