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H.R. 3500

BillFederalHouseIn Committee
Honesty in Consumer Price Index Reporting Act
About This Bill
Committee
Latest Action · March 23, 2016
Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Congress
114th (2015–2017)
Introduced
September 11, 2015
Cosponsors (0)
None
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Summary

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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.

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