Bill Summary
This legislation aims to amend the Congressional Budget and Impoundment Control Act of 1974 by requiring the Congressional Budget Office to include in their cost estimates for any bill or joint resolution the individual cost to each United States citizen for carrying out the proposed measure. This amendment also requires the CBO to estimate the pro rata amount for each citizen of the total change in federal spending and debt during the period covered by the estimate if the bill is carried out. This information will provide a more comprehensive understanding of the potential impact of proposed legislation on individual citizens.
Possible Impacts
1. This legislation could affect people by requiring the Congressional Budget Office to include the cost to each U.S. citizen for carrying out a bill or joint resolution. This could potentially impact people's personal finances and budgeting.
2. By amending the Congressional Budget and Impoundment Control Act of 1974, this legislation may also increase transparency and accountability in government spending. This could impact people by providing them with more information about how their tax dollars are being allocated.
3. The requirement for the CBO to include estimates of the pro rata amount for each U.S. citizen in any spending changes could also affect people by highlighting the potential impact of a bill on individual taxpayers. This could influence public opinion and potentially sway support for or against certain legislation.
[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 9777 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 9777 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. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 24, 2024 Mr. Brecheen (for himself, Mr. Smucker, and Mr. Lopez) introduced the following bill; which was 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 _______________________________________________________________________ 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. INCLUDING COSTS TO CITIZENS OF SPENDING IN CBO ESTIMATES. Section 402 of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 653) is amended-- (1) by striking ``The Director'' and inserting ``(a) The Director''; and (2) by adding at the end the following: ``(b) Any estimate prepared under subsection (a) shall include an estimate of the pro rata amount for each United States citizen of the total change (if any) during the period covered by the estimate under such subsection in the following if the applicable measure is carried out: ``(1) Total Federal spending. ``(2) Total Federal debt.''. <all>