H.R. 1150, The Commission on Economic Indicators Act of 2007

• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

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H.R. 1150 would establish the Commission on Economic Indicators to conduct a study and submit a report containing recommendations concerning the appropriateness and accuracy of the methodology, calculations, and reporting used by the Government relating to certain economic indicators.

Detailed Summary

Commission on Economic Indicators Act of 2007 - Establishes the Commission on Economic Indicators to study and report to Congress on: (1) economic statistics collected and reported by U.S. government agencies, including national income, employment and unemployment, wages, personal income, wealth, savings, debt, productivity, inflation, and international trade and capital flows; and (2) ways to improve the related statistical measurements.

Status of the Legislation

Latest Major Action: 3/27/2007: Referred to House subcommittee. Status: Referred to the Subcommittee on Government Management, Organization, and Procurement.

Points in Favor

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Points Against

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