The Cost-of-Living Emergency Act declares an emergency regarding the high cost of living in the United States and directs actions to address it.

The Cost-of-Living Emergency Act declares an emergency regarding the high cost of living in the United States and directs actions to address it. The President is required to use Defense Production Act authorities to expand productive capacity and supply of basic household necessities. The Act establishes a Cost-of-Living Commission to identify policies to improve the cost-of-living situation for the average U.S. household and achieve national economic growth. The Commission is composed of members appointed by the leadership of the Senate and House of Representatives and outside experts.

The Cost-of-Living Emergency Act declares an emergency regarding the high cost of living in the United States and directs actions to address it.

The Cost-of-Living Emergency Act declares an emergency regarding the high cost of living in the United States and directs actions to address it. The President is required to use Defense Production Act authorities to expand productive capacity and supply of basic household necessities. The Act establishes a Cost-of-Living Commission to identify policies to improve the cost-of-living situation for the average U.S. household and achieve national economic growth. The Commission is composed of members appointed by the leadership of the Senate and House of Representatives and outside experts.