Measuring Real Income Growth Act of 2021 This bill requires the Bureau of Economic Analysis of the Department of Commerce to include in each of its gross domestic product analyses a recent estimate of the total amount added to the U.S. economy during the period covered by the recent estimate. The estimate must also disaggregate this amount by each of the 10 deciles of income and the highest 1% of income.
Referred to the House Committee on Oversight and Reform.
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 23 - 18.
Committee Consideration and Mark-up Session Held.
Commerce
Economic performance and conditionsGovernment studies and investigationsWages and earnings
Measuring Real Income Growth Act of 2021
USA117th CongressHR-1756| House
| Updated: 4/6/2022
Measuring Real Income Growth Act of 2021 This bill requires the Bureau of Economic Analysis of the Department of Commerce to include in each of its gross domestic product analyses a recent estimate of the total amount added to the U.S. economy during the period covered by the recent estimate. The estimate must also disaggregate this amount by each of the 10 deciles of income and the highest 1% of income.