Combatting Painful Inflation (CPI) Act
This bill directs the National Science Foundation to commission a study on the effects of inflation. Among other requirements, the study must
- measure the economic impact of inflation on the American people, including an analysis of cost-of-living impacts;
- assess how the increase in inflation has harmed the American workforce through decreased, less valuable wages;
- evaluate the impact of inflation on rural and underserved communities throughout the country; and
- make recommendations to Congress on the impact of further government spending with regard to inflation.