HR 3500 · 114th Congress · Labor and Employment

Honesty in Consumer Price Index Reporting Act

Introduced 2015-09-11· Sponsored by Rep. Jones, Walter B., Jr. [R-NC-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Health, Employment, Labor, and Pensions.(2016-03-23)

Plain Language Summary

[AI summary unavailable — showing source text] Honesty in Consumer Price Index Reporting Act This bill directs the Bureau of Labor Statistics of the Department of Labor to report regularly and routinely an additional data set designed to replicate the Consumer Price Index for Urban Wage Earners and Clerical Workers (or CPI-W set) reflecting a fixed market basket of goods and services, omitting consideration of substitution of goods and services due to changes in individual consumption patterns caused by price increases, utilizing the methodology that was employed by the Bureau in 1980.…

Summarized by Claude AI · Non-partisan · For informational purposes only