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Proposal:Combatting Painful Inflation (CPI) Act

This proposal is archived and closed to further debate. It was introduced in the 117th Congress, which has concluded, and the bill was not enacted into law.
Geographic Scope
National

Description

Combatting Painful Inflation (CPI) Act

This bill directs the National Science Foundation to commission a study on the effects of inflation. Among other requirements, the study must

  • measure the economic impact of inflation on the American people, including an analysis of cost-of-living impacts;
  • assess how the increase in inflation has harmed the American workforce through decreased, less valuable wages;
  • evaluate the impact of inflation on rural and underserved communities throughout the country; and
  • make recommendations to Congress on the impact of further government spending with regard to inflation.

Bill Title

Combatting Painful Inflation (CPI) Act

Linked Goals

Steps

  • 2022-05-12: Referred to the House Committee on Science, Space, and Technology.
  • 2022-05-12: Introduced in House
  • 2022-05-12: Introduced in House

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.