HR 14113 · 93th Congress · Inflation

Anti-inflation Act

Introduced 1974-04-10· Sponsored by Rep. Boland, Edward P. [D-MA-2]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking and Currency.(1974-04-10)

Plain Language Summary

[AI summary unavailable — showing source text] Anti-inflation Act - Directs the President to: (1) monitor compliance with commitments made pursuant to the Economic Stabilization Act of 1970, as amended; (2) review the programs and activities of Federal departments and agencies and the private sector which may have adverse effects on supply and cause increases in prices and make recommendations for changes in such programs and activities to increase supply and restrain prices; (3) review industrial capacity, demand, and supply in various sectors of the economy, working with the industrial groups concerned and appropriate governmental agencies to encourage price restraint; (4) work with labor and management in the various sectors of the economy having special economic problems as well as with appropriate Government agencies, to improve the structure of collective bargaining and the performance of those sectors in restraining prices; (5) improve wage and price data bases for the various sectors of the economy to improve collective bargaining and encourage price restraint; (6) conduct public hearings when appropriate to provide for public scrutiny of inflationary problems in various sectors of the economy; (7) focus attention on th…

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