H.R. 9358

Improving the Lives of the American People Act

Sponsor: Seth Magaziner · 0 cosponsors

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Sec. 18. Requirement in President’s budget submission and concurrent budget resolution with respect to cost of living

(a) President’s budget submission. Section 1105(a) of title 31, United States Code, is amended by adding at the end the following:

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(39) an analysis of proposals for the fiscal year for which the budget is submitted to lower the cost of living with respect to healthcare, utilities, groceries, housing, transportation, and postsecondary educational opportunities during such fiscal year.

(b) Budget resolution. Section 301(a) of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 632(a)) is amended—

(1) in paragraph (6), by striking and at the end;

(2) in paragraph (7), by striking the period at the end and inserting ; and; and

(3) by adding at the end the following:

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(8) the decrease in the cost of living for the public with respect to healthcare, utilities, groceries, housing, transportation, and postsecondary educational opportunities for the fiscal year of the resolution and for each of the 4 succeeding fiscal years.