[House Report 118-4]
[From the U.S. Government Publishing Office]


118th Congress}                                                    { REPORT                       
 1st Session  }         HOUSE OF REPRESENTATIVES          	   {118-4 

======================================================================
 
   PROVIDING FOR CONSIDERATION OF THE BILL (H.R. 347) 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, AND PROVIDING FOR CONSIDERATION 
  OF THE JOINT RESOLUTION (H.J. RES. 30) PROVIDING FOR CONGRESSIONAL 
DISAPPROVAL UNDER CHAPTER 8 OF TITLE 5, UNITED STATES CODE, OF THE RULE 
SUBMITTED BY THE DEPARTMENT OF LABOR RELATING TO ``PRUDENCE AND LOYALTY 
   IN SELECTING PLAN INVESTMENTS AND EXERCISING SHAREHOLDER RIGHTS''

                                _______
                                

 February 27, 2023.--Referred to the House Calendar and ordered to be 
                                printed

                                _______
                                

               Mr. Burgess, from the Committee on Rules, 
                        submitted the following

                              R E P O R T

                       [To accompany H. Res. 166]

    The Committee on Rules, having had under consideration 
House Resolution 166, by a record vote of 9 to 4, report the 
same to the House with the recommendation that the resolution 
be adopted.

                SUMMARY OF PROVISIONS OF THE RESOLUTION

    The resolution provides for consideration of H.R. 347, the 
Reduce Exacerbated Inflation Negatively Impacting the Nation 
Act, under a structured rule. The resolution waives all points 
of order against consideration of H.R. 347. The resolution 
provides one hour of general debate equally divided and 
controlled by the chair and ranking minority member of the 
Committee on Oversight and Accountability or their respective 
designees. The resolution provides that H.R. 347 shall be 
considered as read. The resolution waives all points of order 
against provisions in H.R. 347. The resolution further makes in 
order only those amendments printed in this report. Each such 
amendment may be offered only in the order printed in this 
report, may be offered only by a Member designated in this 
report, shall be considered as read, shall be debatable for the 
time specified in this report equally divided and controlled by 
the proponent and an opponent, shall not be subject to 
amendment, and shall not be subject to a demand for division of 
the question in the House or in the Committee of the Whole. All 
points of order against the amendments are waived. The 
resolution provides one motion to recommit. The resolution 
further provides for consideration of H.J. Res. 30, providing 
for congressional disapproval under chapter 8 of title 5, 
United States Code, of the rule submitted by the Department of 
Labor relating to ``Prudence and Loyalty in Selecting Plan 
Investments and Exercising Shareholder Rights''' under a closed 
rule. The resolution waives all points of order against 
consideration of the joint resolution. The resolution provides 
one hour of general debate equally divided and controlled by 
the chair and ranking minority member of the Committee on 
Education and the Workforce or their respective designees. The 
resolution provides that the joint resolution shall be 
considered as read. The resolution waives all points of order 
against provisions in the joint resolution. The resolution 
provides one motion to recommit.

                         EXPLANATION OF WAIVERS

    Although the resolution waives all points of order against 
consideration of H.R. 347, the Committee is not aware of any 
points of order. The waiver is prophylactic in nature.
    Although the resolution waives all points of order against 
provisions in H.R. 347, the Committee is not aware of any 
points of order. The waiver is prophylactic in nature.
    Although the resolution waives all points of order against 
the amendments printed in this report, the Committee is not 
aware of any points of order. The waiver is prophylactic in 
nature.
    Although the resolution waives all points of order against 
consideration of H.J. Res. 30, the Committee is not aware of 
any points of order. The waiver is prophylactic in nature.
    Although the resolution waives all points of order against 
provisions in H.J. Res. 30, the Committee is not aware of any 
points of order. The waiver is prophylactic in nature.

                            COMMITTEE VOTES

    The results of each record vote on an amendment or motion 
to report, together with the names of those voting for and 
against, are printed below:

Rules Committee record vote No. 14

    Motion by Mr. McGovern to amend the rule to make in order 
amendment #36 to H.R. 347, offered by Representative 
Strickland, which would revise Sec. 2(d)(2) to specifically 
exempt executive orders that increase military basic pay. 
Defeated: 3-9

----------------------------------------------------------------------------------------------------------------
                Majority Members                      Vote               Minority Members               Vote
----------------------------------------------------------------------------------------------------------------
Mr. Burgess.....................................          Nay   Mr. McGovern......................          Yea
Mr. Reschenthaler...............................          Nay   Ms. Scanlon.......................          Yea
Mrs. Fischbach..................................          Nay   Mr. Neguse........................  ............
Mr. Massie......................................          Nay   Ms. Leger Fernandez...............          Yea
Mr. Norman......................................          Nay
Mr. Roy.........................................          Nay
Mrs. Houchin....................................          Nay
Mr. Langworthy..................................          Nay
Mr. Cole, Chairman..............................          Nay
----------------------------------------------------------------------------------------------------------------

Rules Committee record vote No. 15

    Motion by Ms. Leger Fernandez to amend the rule to make in 
order amendment #44 to H.R. 347, offered by Representative 
Leger Fernandez, which clarifies the definition of Indian Tribe 
and clarifies that Tribal governments are separate from State 
governments. Defeated: 4-9

----------------------------------------------------------------------------------------------------------------
                Majority Members                      Vote               Minority Members               Vote
----------------------------------------------------------------------------------------------------------------
Mr. Burgess.....................................          Nay   Mr. McGovern......................          Yea
Mr. Reschenthaler...............................          Nay   Ms. Scanlon.......................          Yea
Mrs. Fischbach..................................          Nay   Mr. Neguse........................          Yea
Mr. Massie......................................          Nay   Ms. Leger Fernandez...............          Yea
Mr. Norman......................................          Nay
Mr. Roy.........................................          Nay
Mrs. Houchin....................................          Nay
Mr. Langworthy..................................          Nay
Mr. Cole, Chairman..............................          Nay
----------------------------------------------------------------------------------------------------------------

Rules Committee record vote No. 16

    Motion by Mr. Burgess to report the rule. Adopted: 9-4

----------------------------------------------------------------------------------------------------------------
                Majority Members                      Vote               Minority Members               Vote
----------------------------------------------------------------------------------------------------------------
Mr. Burgess.....................................          Yea   Mr. McGovern......................          Nay
Mr. Reschenthaler...............................          Yea   Ms. Scanlon.......................          Nay
Mrs. Fischbach..................................          Yea   Mr. Neguse........................          Nay
Mr. Massie......................................          Yea   Ms. Leger Fernandez...............          Nay
Mr. Norman......................................          Yea
Mr. Roy.........................................          Yea
Mrs. Houchin....................................          Yea
Mr. Langworthy..................................          Yea
Mr. Cole, Chairman..............................          Yea
----------------------------------------------------------------------------------------------------------------

          SUMMARY OF THE AMENDMENTS TO H.R. 347 MADE IN ORDER

    1. Bost (IL), Molinaro (NY): Requires that the inflationary 
report take into account the spending patterns of military 
personnel, rural areas, and farm households. (10 minutes)
    2. Comer (KY): Adds the House Committee on Oversight and 
Accountability and the Senate Committee on Homeland Security 
and Governmental Affairs as report recipients; and adds 
``economic'' effect to the definition of ``major executive 
order''. (10 minutes)
    3. Boebert (CO): Requires the inflation estimate to be made 
publicly available by publishing on the OMB website. (10 
minutes)
    4. Cloud (TX): Amends the bill to direct OMB and CEA to 
incorporate the inflationary impact of the debt servicing 
costs. (10 minutes)
    5. Jackson Lee (TX): Restricts the bill to only cover 
Executive Orders as listed in Sec. 2(d)(2)(A) (emergency 
assistance) and (B) (national security or treaties). (10 
minutes)
    6. Jackson Lee (TX): Inserts into Sec. 2(a) line 10 ``or'' 
after ``inflations and Strikes Sec. (a) lines 11-14. To clarify 
and make consistent with economic policy on inflationary 
impacts and effects. (10 minutes)
    7. Jackson Lee (TX): Adds at the end of section 2(d) the 
definition to ``significant impact'' in Sec. 2(a). ``The term 
``significant impact on inflation'' means an Executive order 
was estimated to increase or decrease Consumer Price Index 
inflation by at least 1% percentage point over the course of a 
year.'' (10 minutes)
    8. Jackson Lee (TX): Adds at the end of section 2(d), (4) 
``The term ``quantifiable inflationary impact'' means an 
Executive order was estimated to increase or decrease Consumer 
Price Index inflation by at least 1% percentage point over the 
course of a year.'' (10 minutes)
    9. Lee (NV): Clarifies that nothing in this bill suggests 
that combatting inflation and bringing down the cost of living 
is the executive branch's responsibility alone, and not also a 
key pursuit of the House of Representatives through thoughtful, 
productive legislative action. (10 minutes)
    10. Ogles (TN): Requires the Executive Office of the 
President (EOP) to estimate whether a major Executive order has 
a quantifiable inflationary impact on the Producer Price Index 
(as well as the Consumer Price Index). (10 minutes)
    11. Omar (MN): Requires supplementary Genuine Progress 
Indicator (GPI) factors be considered and evaluated when 
assessing applicable major executive orders. (10 minutes)
    12. Perry (PA), Brecheen (OK): Applies the bill's 
requirements to all ``major Executive Orders'' which cause an 
annual gross budgetary effect of at least $1 million. (10 
minutes)
    13. Perry (PA): Requires a detailed description of any 
impact on the consumer price index. (10 minutes)
    14. Roy (TX): Strikes exceptions to the mandatory inflation 
forecasting requirement. (10 minutes)
    15. Yakym (IN): Requires the statement estimating 
inflationary effects to break down the type of inflation to the 
CPI's major categories of Food, Energy, and All Items Less Food 
and Energy. (10 minutes)

              TEXT OF AMENDMENTS TO H.R. 347 MADE IN ORDER

1. An Amendment To Be Offered by Representative Bost of Illinois or His 
                   Designee, Debatable for 10 Minutes

    Page 2, line 14, after the period insert the following: 
``To the greatest extent practicable, 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 areas, 
including rural areas and farm households.''.
                              ----------                              


 2. An Amendment To Be Offered by Representative Comer of Kentucky or 
                 His Designee, Debatable for 10 Minutes

    Page 2, line 25, after ``House of Representatives'', insert 
``, the Committee on Homeland Security and Governmental Affairs 
of the Senate, and the Committee on Oversight and 
Accountability of the House of Representatives''.
    Page 3, line 10, after ``budgetary'', insert ``or 
economic''.
                              ----------                              


3. An Amendment To Be Offered by Representative Boebert of Colorado or 
                 Her Designee, Debatable for 10 Minutes

    Page 2, line 24, after ``shall'', insert the following: 
``publish on the public website of the Office of Management and 
Budget and''
                              ----------                              


 4. An Amendment To Be Offered by Representative Cloud of Texas or His 
                   Designee, Debatable for 10 Minutes

    Page 2, line 14, insert after the period the following: 
``Any statement prepared under this subsection shall 
incorporate the inflationary impact of the debt servicing costs 
associated with the applicable major Executive order.''.
                              ----------                              


5. An Amendment To Be Offered by Representative Jackson Lee of Texas or 
                 Her Designee, Debatable for 10 Minutes

    Page 3, beginning on line 11, strike ``but does not include 
any such measure that'' and insert ``but only if such 
measure''.
                              ----------                              


6. An Amendment To Be Offered by Representative Jackson Lee of Texas or 
                 Her Designee, Debatable for 10 Minutes

    Page 2, line 10, strike ``inflation,'' and insert 
``inflation or''.
    Page 2, beginning on line 11, strike the comma and all that 
follows through ``prepared'' on line 14.
                              ----------                              


7. An Amendment To Be Offered by Representative Jackson Lee of Texas or 
                 Her Designee, Debatable for 10 Minutes

    At the end of section 2(d), add the following:
          (4) Significant impact.--The term ``significant 
        impact'' means, with respect to a major Executive 
        order, that such order is estimated to increase or 
        decrease Consumer Price Index inflation by at least 1 
        percentage point over the course of a year.
                              ----------                              


8. An Amendment To Be Offered by Representative Jackson Lee of Texas or 
                 Her Designee, Debatable for 10 Minutes

    At the end of section 2(d), add the following:
          (4) Quantifiable inflationary impact.--The term 
        ``quantifiable inflationary impact'' means, with 
        respect to a major Executive order, that such order is 
        estimated to increase or decrease Consumer Price Index 
        inflation by at least 1 percentage point over the 
        course of a year.
                              ----------                              


 9. An Amendment To Be Offered by Representative Lee of Nevada or Her 
                   Designee, Debatable for 10 Minutes

    Page 3, after line 2, add the following:
    (d) 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 President, and not also a key 
pursuit of the United States House of Representatives during 
the 118th Congress through thoughtful, productive legislative 
action.
                              ----------                              


10. An Amendment To Be Offered by Representative Ogles of Tennessee or 
                 His Designee, Debatable for 10 Minutes

    Page 2, line 11, after ``consumer'' insert ``or producer''.
                              ----------                              


 11. An Amendment To Be Offered by Representative Omar of Minnesota or 
                 Her Designee, Debatable for 10 Minutes

    Page 2, line 14, after the period, insert the following: 
``In estimating the inflationary effects of any major Executive 
order under this subsection, the President, Director, and Chair 
shall consider the factors described in subsection (d).''.
    Page 3, after line 2, insert the following:
    (d) Factors.--The factors described in this subsection are 
the following:
          (1) Benefits.--With respect to benefits provided by 
        the applicable major Executive order, the total annual 
        economic value of--
                  (A) personal consumption expenditures, net of 
                investments, and defensive spending;
                  (B) the purchase of consumer durables and 
                other household durables used for home 
                improvement, including appliances, vehicles, 
                and solar panels;
                  (C) publicly provided goods and services;
                  (D) higher education;
                  (E) job skills that are essential to an 
                economy that--
                          (i) is self-sufficient; and
                          (ii) addresses ecological scarcities 
                        and directs resources to sustainable 
                        development without degrading the 
                        environment;
                  (F) time spent toward leisure activities;
                  (G) unpaid labor, including--
                          (i) parenting;
                          (ii) volunteering; and
                          (iii) time spent on household duties;
                  (H) infrastructure, including--
                          (i) transportation systems;
                          (ii) communication networks; and
                          (iii) sewage, water, and electric 
                        systems; and
                  (I) ecosystem services with respect to 
                protected natural areas, including--
                          (i) flood control;
                          (ii) water purification;
                          (iii) pollination of crops;
                          (iv) control of pests and invasive 
                        specifies;
                          (v) outdoor recreation;
                          (vi) hunting and fishing;
                          (vii) harvesting of plants for 
                        medicinal and edible purposes;
                          (viii) carbon sequestration; and
                          (ix) maintenance of biological and 
                        genetic diversity.
          (2) Costs.--With respect to costs of the applicable 
        major Executive order, the total annual economic costs 
        of--
                  (A) income inequality based on household 
                expenditures;
                  (B) underemployment and unemployment;
                  (C) homelessness;
                  (D) domestic abuse;
                  (E) violent, property, white-collar, and 
                organized crime;
                  (F) water, air, and noise pollution at the 
                household and national level;
                  (G) the loss of farmland and productive 
                soils, including soil quality degradation;
                  (H) the loss of natural wetlands, primary 
                forest area, and other at-risk ecosystems;
                  (I) high amounts of carbon dioxide and other 
                greenhouse gas emissions;
                  (J) the depletion of the ozone layer;
                  (K) the depletion of nonrenewable sources of 
                energy;
                  (L) lost leisure time due to traffic 
                congestion; and
                  (M) accidents involving motor vehicles.
                              ----------                              


12. An Amendment To Be Offered by Representative Perry of Pennsylvania 
               or His Designee, Debatable for 10 Minutes

    Page 3, line 11, strike ``$1,000,000,000'' and insert 
``$1,000,000''.
                              ----------                              


13. An Amendment To Be Offered by Representative Perry of Pennsylvania 
               or His Designee, Debatable for 10 Minutes

    Page 2, line 11, after ``index'', insert the following: 
``(including a detailed description of such impact)''.
                              ----------                              


 14. An Amendment To Be Offered by Representative Roy of Texas or His 
                   Designee, Debatable for 10 Minutes

    Page 3, beginning on line 11, strike ``, but'' and all that 
follows through ``Tribe'' on line 24.
                              ----------                              


 15. An Amendment To Be Offered by Representative Yakym of Indiana or 
                 His Designee, Debatable for 10 Minutes

    Page 2, line 3, strike ``For'' and insert the following:
          (1) In general.--For
    Page 2, after line 14, insert the following:
          (2) CPI impact disaggregated.--If an Executive order 
        is determined to have a quantifiable inflationary 
        impact on the consumer price index under subsection 
        (a), the statement required by such subsection shall 
        include the amount of such impact on the consumer price 
        index in total and disaggregated by the Food, Energy, 
        and All Items Less Food and Energy categories of the 
        consumer price index (as such categories are determined 
        by the Secretary of Labor in consultation with the 
        Commissioner of the Bureau of Labor Statistics).

                                  [all]