93rd Congress > House > Vote 901
Description: TO SUSPEND THE RULES AND PASS H.R. 16425, PROVIDING FOR THE MONITORING OF THE ECONOMY.
Bill summary: Anti-Inflation Act - Authorizes the President to establish, within the Executive Office of the President, a Cost of Living Task Force to: (1) review and analyze industrial capacity, demand, and supply in various sectors of the economy, working with the industrial groups concerned and appropriate governmental agencies to encourage price restraint; (2) work with labor and management in the various sectors of the economy having special economic problems, as well as with appropriate government
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agencies, to improve the structure of collective bargaining and the performance of those sectors in restraining prices; (3) improve wage and price data bases for the various sectors of the economy to improve collective bargaining and encourage price restraint; (4) conduct public hearings necessary to provide for public scrutiny of inflationary problems in various sectors of the economy; (5) focus attention on the need to increase productivity in both the public and private sectors of the economy; (6) monitor the economy as a whole by acquiring, as appropriate, reports on wages, costs, productivity, prices, sales, profits, imports, exports, and interest rates, and rents; (7) review the programs and activities of Federal departments and agencies and the private sector which may decrease supply and increase prices; and (8) evaluate the inflationary effects of international transactions.
Authorizes to be appropriated $1,000,000 for fiscal year 1975 to carry out the purposes of this Act.
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Bill titles: A bill to provide for the monitoring of the economy.
Original source documents: Digest of the Congressional Record vol. 120-127, p. H8636;
Links for more info on the vote: congress.gov
