HR 7747 · 117th Congress · Science, Technology, Communications
Combatting Painful Inflation (CPI) Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Science, Space, and Technology.(2022-05-12)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only