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Senate votes against GOP resolution requiring analysis on how all spending, tax bills will impact inflation
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Senate Republicans on Wednesday evening hoped to pass a resolution requiring all spending and tax-related legislation to included analyses on how they will impact inflation, but it did not get enough votes.
Sen. Rick Scott, R-Fla., introduced the rule change — which was first presented to the House in May by Republican Indiana Rep. Jim Banks, chairman of the Republican Study Committee — on July 28 as a resolution to President Biden's bipartisan $1.2 trillion infrastructure package amid concerns of rising inflation.
"Over the weekend, the suspension on the federal debt ceiling expired, and that leaves Congress with two choices: Continue this reckless, wasteful spending with no accountability to the American people, or start making the tough choices to put America on a successful path," Scott said Wednesday as he called for unanimous consent to pass the resolution, which received 52 out of 60 votes needed.