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H.R. 7747

BillFederalHouseIn Committee
To direct the National Science Foundation to commission a study on inflation.
About This Bill
Committee
Latest Action · May 12, 2022
Referred to the House Committee on Science, Space, and Technology.
Congress
117th (2021–2023)
Introduced
May 12, 2022
Cosponsors (2)
0D 2R
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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.

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