Combatting Painful Inflation (CPI) Act 2022-05-12 Introduced in House Combatting Painful Inflation (CPI) Act

This bill directs the National Science Foundation to commission a study on the effects of inflation. Among other requirements, the study must

  • measure the economic impact of inflation on the American people, including an analysis of cost-of-living impacts;
  • assess how the increase in inflation has harmed the American workforce through decreased, less valuable wages;
  • evaluate the impact of inflation on rural and underserved communities throughout the country; and
  • make recommendations to Congress on the impact of further government spending with regard to inflation.
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