[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7747 Introduced in House (IH)]

<DOC>






117th CONGRESS
  2d Session
                                H. R. 7747

  To direct the National Science Foundation to commission a study on 
                               inflation.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 12, 2022

   Mrs. Kim of California (for herself and Mr. Waltz) introduced the 
following bill; which was referred to the Committee on Science, Space, 
                             and Technology

_______________________________________________________________________

                                 A BILL


 
  To direct the National Science Foundation to commission a study on 
                               inflation.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Combatting Painful Inflation (CPI) 
Act''.

SEC. 2. INFLATION STUDY.

    Not later than 45 days after the date of enactment of this Act, the 
Director of the National Science Foundation shall commission a study 
to--
            (1) measure the economic impact of inflation on the 
        American people, including an analysis of cost-of-living 
        impacts;
            (2) assess how the increase in inflation has harmed the 
        American workforce through decreased, less valuable wages;
            (3) consider the impact of inflation on American 
        international competitiveness, particularly as it relates to 
        offshoring jobs in the manufacturing industry;
            (4) evaluate the impact of inflation on rural and 
        underserved communities throughout the country;
            (5) assess the ways inflation at its current trajectory 
        could impact future American generations; and
            (6) make recommendations to Congress on the impact of 
        further Government spending in regard to inflation.
                                 <all>