The bill improves budget transparency by requiring inclusion of public-debt servicing costs in CBO/JCT estimates, but it increases workload for scorekeepers and may make cost estimates more volatile when debt-service projections are uncertain.
Taxpayers and policymakers would receive more complete budget estimates because CBO and JCT must, when practicable, include public-debt servicing costs, improving visibility into interest-related budgetary impacts.
Taxpayers and lawmakers could see greater volatility or ambiguity in legislative cost estimates because uncertain debt-service projections may make overall estimates less stable.
CBO and JCT staff would face extra analytic and resource burdens to calculate debt-service inclusions, potentially slowing or complicating the production of cost estimates.
Based on analysis of 2 sections of legislative text.
Requires CBO and JCT estimates to include, when practicable, the costs of servicing the public debt.
Official title: To amend the Congressional Budget Act of 1974 to provide that any estimate prepared by the Congressional Budget Office or the Joint Committee on Taxation shall include costs relating to servicing the public debt, and for other purposes.
Introduced September 10, 2026 by Michael Cloud · Last progress September 10, 2026
Requires the Congressional Budget Office and the Joint Committee on Taxation to include, to the extent practicable, the costs of servicing the public debt in any estimates they prepare. It amends the Congressional Budget and Impoundment Control Act to add this explicit requirement for CBO and JCT cost estimates. The change is procedural and limited in scope: it adds one required line of analysis to official congressional cost estimates so lawmakers receive information on debt-service implications when feasible. It does not itself authorize spending or change tax law.