Amendments to H.R. 347 – Reduce Exacerbated Inflation Negatively Impacting the Nation Act
Each amendment gets up to ten minutes of debate
Bost (R-IL), Molinaro (R-NY) – Amendment No. 1 – Requires that the inflationary report take into account the spending patterns of military personnel, rural areas, and farm households – VOTE REQUESTED
Comer (R-KY) – Amendment No. 2 – 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” – PASSED BY VOICE
Boebert (R-CO) – Amendment No. 3 – Requires the inflation estimate to be made publicly available by publishing on the OMB website – VOTE REQUESTED
Cloud (R-TX) – Amendment No. 4 – Amends the bill to direct OMB and CEA to incorporate the inflationary impact of the debt servicing costs – PASSED BY VOICE
Jackson Lee (D-TX) – Amendment No. 6 – 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 – VOTE REQUESTED
Jackson Lee (D-TX) – Amendment No. 7 – 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.” – VOTE REQUESTED
Jackson Lee (D-TX) – Amendment No. 8 – 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.” – REJECTED BY VOICE
Lee (D-NV) – Amendment No. 9 – 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 – VOTE REQUESTED
Langworthy (R-NY) (on behalf of Ogles (R-TN)) – Amendment No. 10 – 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) – PASSED BY VOICE
Omar (D-MN) – Amendment No. 11 – Requires supplementary Genuine Progress Indicator (GPI) factors be considered and evaluated when assessing applicable major executive orders – REJECTED BY VOICE
Perry (R-PA), Brecheen (R-OK) – Amendment No. 12 – Applies the bill’s requirements to all “major Executive Orders” which cause an annual gross budgetary effect of at least $1 million – PASSED BY VOICE
Perry (R-PA) – Amendment No. 13 – Requires a detailed description of any impact on the consumer price index – PASSED BY VOICE
Roy (R-TX) – Amendment No. 14 – Strikes exceptions to the mandatory inflation forecasting requirement – VOTE REQUESTED
Yakym (R-IN) – Amendment No. 15 – 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 – PASSED BY VOICE