Nick Langworthy: “The amendment strikes the bill's requirement for an inflation impact assessment when an executive order will have a…”

“The amendment strikes the bill's requirement for an inflation impact assessment when an executive order will have a significant impact on inflation, but the impact cannot yet be precisely quantified. That is exactly the wrong approach to take. If the White House can determine an executive order will indeed have a significant impact on inflation, that is what is important. The President should know about that before he acts. It would be unwise and dangerous to happily let the President proceed in the dark about an order's inflationary impacts just because they cannot be calculated with perfect precision. Madam Chair, I urge my colleagues to vote ``no'' on this amendment, and I reserve the balance of my time.”