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This bill requires the Office of Management and Budget and the Council of Economic Advisers to provide an inflation estimate for each executive order that is projected to cause an annual gross budgetary or economic effect of at least $1 million.
The estimate must determine whether the executive order will have
The estimate must also (1) incorporate the inflationary impact of the debt servicing costs associated with the executive order; and (2) take into account the spending patterns of military personnel and of residents of non-metropolitan areas, including rural areas and farm households.
The requirements do not apply to executive orders that (1) provide for emergency assistance or relief at the request of any state or local government or an official of the government, or (2) are necessary for national security or the ratification or implementation of international treaty obligations.
Written by the nonpartisan Congressional Research Service, describing H.R. 347 as passed House on Mar 1, 2023. It is not the text of the measure; a later amendment may have changed what it does.
Mar 1, 2023Each bar: ✓ Yea from the bottom, ✕ Nay aboveMar 1, 2023
House Mar 1, 2023 · the primary vote
Reduce Exacerbated Inflation Negatively Impacting the Nation Act
Passed
272 Yea 148 Nay 14 not voting
Crossed both parties 63 of 420 voting members broke with their own party: 59 Democrats, 4 Republicans.
DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present
434 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Signing on is not a vote: a member can cosponsor H.R. 347 and vote against it. 3 signed when it was filed.
Organizations that named H.R. 347 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
2 disclosures name this measure. Retrieved from LDA.gov on 2026-10-04. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.