Political Quotes

“The underlying bill requires the President to have prepared for the American people and consider the inflation impacts of all major executive orders. This provides transparency to the American people of the economic impacts of such executive orders. At the Rules Committee last night, the minority raised concerns that these requirements would apply to a limited number of circumstances. This amendment actually appeases these concerns by lowering the threshold at which an executive order is considered major for the requirements of the bill from $1 billion to $1 million. This reduced threshold will ensure the President is required to assess the inflationary impacts of significantly more executive orders than the underlying bill would require, which actually increases the amount of transparency provided by this bill. I am sure the minority would agree with increased transparency. They asked for it just last night. They asked for it just in the last debate over the last amendment. Mr. Chairman, I am sure we have all heard from our constituents about the impact of inflation. This amendment allows us to expand our efforts to address their concerns. While some of my friends on the other side of the aisle might say, well, we need a different index, or we need an additional index, here is what the American people don't need: They don't need some report of progress or you name whatever you want to name it.…”