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".

HRES 166 is a procedural resolution that sets rules for debating two separate legislative measures. It schedules consideration of H.R. 347, which would require the White House to provide inflation estimates for major executive orders, and H.J. Res. 30, which seeks congressional approval to reject a Department of Labor rule on retirement plan investment standards. The resolution establishes time limits for debate, amendment procedures, and voting rules for both measures. It does not change policy itself but governs how Congress will review these proposals.