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HR 887119th CongressIn Committee
Lower Grocery Prices Act
Introduced: Jan 31, 2025
Standard Summary
Comprehensive overview in 1-2 paragraphs
Directs GAO to study changes in Consumer Price Index for food at home over 20-year period and provide recommendations to lower grocery costs.
Key Points
- 1Requires GAO study of food-at-home costs over 20-year period ending at enactment
- 2Includes analysis of other relevant economic metrics affecting food costs
- 3Mandates report to appropriate congressional committees within 180 days
- 4Report must include findings and recommendations to lower food costs for consumers
- 5Covers Energy and Commerce, Financial Services, and Finance committees
- 6Focuses on understanding drivers of grocery price increases
Impact Areas
U.S. consumersGrocery pricesFood affordabilityGovernment Accountability OfficeCongressional oversightEconomic policy
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