House Passes Bill to Compel Biden Admin to Publish Inflationary Estimates of Executive Actions

House Passes Bill to Compel Biden Admin to Publish Inflationary Estimates of Executive Actions
President Joe Biden in Baltimore, Md., on March 1, 2023. Andrew Caballero-Reynolds/AFP via Getty Images
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The U.S. House of Representatives passed a bill on Wednesday as a response to the Biden administration’s executive actions, which many lawmakers say have fueled rising prices and exacerbated inflation.

The Reduce Exacerbated Inflation Negatively Impacting the Nation (REIN IN) Inflation Act (H. R. 347) requires the president to publish the inflationary impact of executive actions before enacting them. The bill does nothing to alter government spending.

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