Current status is 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.

119th CONGRESS

1st Session

H. R. 991

1. Short title
2. CBO and JCT estimates to include debt servicing costs

1. Short title

This Act may be cited as the "Cost Estimates Improvement Act".

2. CBO and JCT estimates to include debt servicing costs

(a) In general - The Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 621 et seq.) is amended by inserting after section 402 the following:

403. Estimates to include debt servicing costs

Any estimate prepared by the Director of the Congressional Budget Office under section 402, and any estimate prepared by the Joint Committee on Taxation, shall include, to the extent practicable, the costs (if any) of servicing the public debt.

(b) Clerical amendment - The table of contents of such Act is amended by inserting after the item relating to section 402 the following: