A bill to amend the Congressional Budget and Impoundment Control Act of 1974 to require any cost estimate for a bill or joint resolution prepared by the Congressional Budget Office to include the cost to each United States citizen for carrying out such measure, and for other purposes.
This bill requires the Congressional Budget Office (CBO) to include per-citizen cost estimates in its budget analyses. Specifically, it mandates that CBO estimates for any bill or resolution must show the pro rata cost to each U.S. citizen for changes in total federal spending and debt if the measure passes. The key mechanism adds a new requirement to CBO's reporting process, breaking down the financial impact of legislation on individual taxpayers. This change affects how budget scores are presented to Congress and the public, making cost impacts more transparent at the individual level.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2024
Committee Review
Floor Vote
President
Introduced Sep 24, 2024
Last action Sep 24, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Sep 24, 2024
Committee
Read twice and referred to the Committee on the Budget.
upper
Sep 24, 2024
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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