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US HR638

US HR638
Cost Estimates Improvement Act


summary

Introduced
02/01/2021
In Committee
02/01/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Congressional Budget Act of 1974 to provide that any estimate prepared by the Congressional Budget Office or the Joint Committee on Taxation shall include costs relating to servicing the public debt, and for other purposes.

AI Summary

This bill, the "Cost Estimates Improvement Act," amends the Congressional Budget Act of 1974 to require the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) to include the costs of servicing the public debt in their cost estimates. Additionally, the bill mandates that CBO and JCT estimates include a list of any federal agencies, programs, and initiatives with fragmented, overlapping, or duplicative goals or activities covered by the legislation.

Sponsors (27)

Last Action

Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 02/01/2021)

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