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HR 7747 117th Congress House Science, Technology, Communications

Combatting Painful Inflation (CPI) Act

Introduced: May 12, 2022 Introduced by: Kim, Young Republican · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 12, 2022
Referred to the House Committee on Science, Space, and Technology.
May 12, 2022
Introduced in House
 Plain-English summary Congressional Research Service

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.
What's happening now May 12, 2022

Referred to the House Committee on Science, Space, and Technology.

 Committees of jurisdiction 1