| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 991 |
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| 5 | 5 | | To amend the Congressional Budget Act of 1974 to provide that any estimate |
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| 6 | 6 | | prepared by the Congressional Budget Office or the Joint Committee |
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| 7 | 7 | | on Taxation shall include costs relating to servicing the public debt, |
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| 8 | 8 | | and for other purposes. |
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| 9 | 9 | | IN THE HOUSE OF REPRESENTATIVES |
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| 10 | 10 | | FEBRUARY5, 2025 |
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| 11 | 11 | | Mr. C |
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| 12 | 12 | | LOUD(for himself, Mr. MEUSER, Mr. CASE, Mr. MCCLINTOCK, Mr. |
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| 13 | 13 | | G |
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| 14 | 14 | | OLDENof Maine, Ms. PEREZ, Mr. GROTHMAN, Mr. MCCORMICK, Mr. |
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| 15 | 15 | | N |
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| 16 | 16 | | ORMAN, Mr. ROUZER, Mr. HUIZENGA, Mr. WEBERof Texas, Mr. |
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| 17 | 17 | | O |
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| 18 | 18 | | BERNOLTE, Mr. EDWARDS, and Mr. COLLINS) introduced the following |
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| 19 | 19 | | bill; which was referred to the Committee on Rules, and in addition to |
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| 20 | 20 | | the Committee on the Budget, for a period to be subsequently determined |
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| 21 | 21 | | by the Speaker, in each case for consideration of such provisions as fall |
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| 22 | 22 | | within the jurisdiction of the committee concerned |
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| 23 | 23 | | A BILL |
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| 24 | 24 | | To amend the Congressional Budget Act of 1974 to provide |
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| 25 | 25 | | that any estimate prepared by the Congressional Budget |
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| 26 | 26 | | Office or the Joint Committee on Taxation shall include |
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| 27 | 27 | | costs relating to servicing the public debt, and for other |
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| 28 | 28 | | purposes. |
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| 29 | 29 | | Be it enacted by the Senate and House of Representa-1 |
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| 30 | 30 | | tives of the United States of America in Congress assembled, 2 |
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| 31 | 31 | | VerDate Sep 11 2014 02:15 Mar 04, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H991.IH H991 |
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| 32 | 32 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 |
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| 33 | 33 | | •HR 991 IH |
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| 34 | 34 | | SECTION 1. SHORT TITLE. 1 |
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| 35 | 35 | | This Act may be cited as the ‘‘Cost Estimates Im-2 |
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| 36 | 36 | | provement Act’’. 3 |
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| 37 | 37 | | SEC. 2. CBO AND JCT ESTIMATES TO INCLUDE DEBT SERV-4 |
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| 38 | 38 | | ICING COSTS. 5 |
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| 39 | 39 | | (a) I |
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| 40 | 40 | | NGENERAL.—The Congressional Budget and 6 |
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| 41 | 41 | | Impoundment Control Act of 1974 (2 U.S.C. 621 et seq.) 7 |
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| 42 | 42 | | is amended by inserting after section 402 the following: 8 |
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| 43 | 43 | | ‘‘ |
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| 44 | 44 | | ESTIMATES TO INCLUDE DEBT SERVICING COSTS 9 |
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| 45 | 45 | | ‘‘S |
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| 46 | 46 | | EC. 403. Any estimate prepared by the Director 10 |
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| 47 | 47 | | of the Congressional Budget Office under section 402, and 11 |
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| 48 | 48 | | any estimate prepared by the Joint Committee on Tax-12 |
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| 49 | 49 | | ation, shall include, to the extent practicable, the costs (if 13 |
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| 50 | 50 | | any) of servicing the public debt.’’. 14 |
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| 51 | 51 | | (b) C |
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| 52 | 52 | | LERICALAMENDMENT.—The table of contents 15 |
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| 53 | 53 | | of such Act is amended by inserting after the item relating 16 |
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| 54 | 54 | | to section 402 the following: 17 |
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| 55 | 55 | | ‘‘403. Estimates to include debt servicing costs.’’. |
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| 56 | 56 | | Æ |
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| 57 | 57 | | VerDate Sep 11 2014 02:15 Mar 04, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H991.IH H991 |
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| 58 | 58 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB |
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