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.
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senate
president
Introduced on September 24, 2024 by Josh Brecheen
Cosponsors
Legislation Details
- Amends the Congressional Budget and Impoundment Control Act of 1974.
- Requires the Congressional Budget Office (CBO) to include a cost estimate for each United States citizen in its reports.
- The cost estimate must reflect the pro rata amount of total federal spending and total federal debt changes if the proposed measure is enacted.
- Aims to enhance transparency regarding the financial impact of legislation on individual citizens.
Last updated 12/17/2024