Congresswoman Elise Stefanik (R-NY), House Committee on Oversight and Accountability Chairman James Comer (R-KY), House Ways and Means Chairman Jason Smith (R-MO), and House Financial Services Committee Chairman Patrick McHenry (R-NC) today celebrated the House passage of the Reduce Exacerbated Inflation Negatively Impacting the Nation (REIN IN) Inflation Act. This bill requires the Biden Administration to publish the inflationary impact of executive actions before enacting them.
"As every hardworking family is forced to pay more for almost everything due to Bidenflation, I am proud to pass my bill, the REIN IN Inflation Act, to hold the Biden Administration accountable for their reckless spending causing prices to skyrocket," Stefanik said. "During the past two years of Far Left one-party Democrat rule in Washington led by Joe Biden, inflation skyrocketed to the highest level in my lifetime. It is a tax on every American, and it continues to be the number one concern I hear across my district in Upstate New York. By passing the REIN IN Inflation Act, House Republicans are providing a critical check on the Biden Administration and taking a step forward in fulfilling our Commitment to America to create an economy that is strong for every hardworking family."