Inflation-Based Adjustments in Federal Civil Monetary Penalties.

The article focuses on the legislative history of the Federal Civil Penalties Inflation Adjustment Act to address concerns in the context of civil monetary penalties. Topics discussed include the Act examines the distinct sources of economic distortion in the inflation-based adjustment of federal civil monetary penalties, inflation gap attributable to the Act with cap on initial cost-of-living adjustments Act directs federal agencies to use consumer price index (CPI).