Sponsors (2)
The bill aims to lower household costs and stabilize supplies through new analysis, public reporting, rapid federal coordination, and targeted supports—benefiting low‑ and middle‑income families and essential producers—but does so by expanding administrative activity, spending, and emergency/defense authorities while risking slower rulemaking, politicization of regulatory analysis, and added burdens on businesses and taxpayers.
Low- and middle-income households will receive targeted analysis and concrete policy recommendations to lower costs for groceries, housing, utilities, health care, transportation, and wages.
The bill increases transparency through regular public regional listening sessions, quarterly State of Household Budgets reports, public regulatory impact statements, and CBO fiscal estimates, giving Congress and the public clearer, timely metrics on affordability and regulatory effects.
Federal coordination and faster administrative actions (weekly task forces, 15‑day supply assessments, strategic plans) and use of procurement tools aim to reduce shortages and stabilize supplies of basic household necessities.
The bill creates new bodies, advisory positions, frequent reporting, and DPA interventions that will increase federal spending and administrative costs borne by taxpayers.
Declaring a national emergency and waiving DPA's national‑defense requirement expands executive and defense-related authorities for domestic, nondefense purposes, setting a precedent that could broaden emergency powers.
Frequent reporting requirements, weekly interagency meetings, and mandated household/corporate impact analyses increase agency workload and compliance costs, risking slower rulemaking and diverted staff from program delivery.
Based on analysis of 8 sections of legislative text.
Declares a 180‑day national cost‑of‑living emergency, creates federal coordination and reporting requirements, authorizes DPA Title III actions to expand supply, and establishes an antitrust Task Force and congressional Commission.
Official title: To declare an emergency regarding the cost of living in the United States and direct actions to be taken to address the cost-of-living emergency, and for other purposes.
Introduced March 27, 2026 by Chris Deluzio · Last progress March 27, 2026
Creates a temporary national emergency called a "cost-of-living emergency" and directs the executive branch to prioritize actions to lower the price of basic household necessities. It requires new coordination, reporting, and review across federal agencies (including a White House Cost Cutting Council and a DOJ/FTC Joint Task Force), compels agencies to estimate household budget impacts for major rules, authorizes rapid use of Defense Production Act Title III tools to boost domestic supply of essentials, and establishes a bipartisan congressional Cost-of-Living Commission to develop policy and legislative recommendations during the emergency.