summary
Introduced
01/12/2023
01/12/2023
In Committee
01/12/2023
01/12/2023
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th 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 estimates, to the extent practicable. It also requires these estimates to include a list of any federal agencies, programs, and initiatives with fragmented, overlapping, or duplicative goals or activities covered by the legislation. This change is intended to provide lawmakers with a more comprehensive understanding of the financial implications of legislative proposals.
Sponsors (21)
Michael Cloud (R)*,
Jim Baird (R),
Andy Biggs (R),
Dan Bishop (R),
Buddy Carter (R),
Dan Crenshaw (R),
Byron Donalds (R),
Jeff Duncan (R),
Mark Green (R),
Glenn Grothman (R),
Clay Higgins (R),
Doug LaMalfa (R),
Nancy Mace (R),
Brian Mast (R),
Tom McClintock (R),
Richard McCormick (R),
Ralph Norman (R),
Gary Palmer (R),
Scott Perry (R),
Pete Sessions (R),
Bruce Westerman (R),
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 01/12/2023)
Bill Topics
Government Operations
- ‐ Government Efficiency and Bureaucratic Oversight
- ‐ Legislative Branch Operations and Rules
Macroeconomics
- ‐ National Budget and Debt
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/311/all-info | 01/13/2023 |
| BillText | https://www.congress.gov/118/bills/hr311/BILLS-118hr311ih.pdf | 01/24/2023 |
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