HR 361 United States House · 118th Congress

Stop Inflationary Spending Act

HR 361, the "Stop Inflationary Spending Act," requires the Congressional Budget Office (CBO) to analyze how major budget bills (reconciliation legislation) impact inflation. Specifically, the CBO must provide an inflation analysis for such bills covering the fiscal year they take effect and the next four years, including the basis for each estimate. This applies to bills reported by a House committee, submitted to the Budget Committee, or directly to the Rules Committee. The bill affects Congress and the CBO by adding a new procedural requirement for budget-related legislation. It does not change spending levels but mandates a specific analysis before such bills are considered.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2023

Committee Review

Floor Vote

President

Introduced Jan 13, 2023 Last action Jan 13, 2023

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jan 13, 2023

Committee

Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

lower

Jan 13, 2023

Introduced

Introduced in House

lower

1 primary · 15 co-sponsors