Bill > HR724

This bill requires the Congressional Budget Office (CBO), which provides budget and economic analysis to Congress, to increase transparency by publicly sharing the technical details behind its cost estimates and policy analyses. Specifically, the bill mandates that the CBO must make available on its website comprehensive information about its fiscal and policy models, including the data preparation routines, computational methods, assumptions, and other technical details used to estimate the costs and effects of proposed legislation. For any data that cannot be fully disclosed due to legal restrictions, the CBO must provide a list of data variables, descriptive statistics, a reference to the non-disclosure statute, and contact information for accessing the full data. The goal is to allow independent researchers and policymakers to better understand and potentially replicate the CBO's analyses, thereby increasing accountability and transparency in the budget scoring process. These new requirements would take effect six months after the bill's enactment.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/724/all-info