H. R. 991

Cost Estimates Improvement Act

Shown here: Introduced in House (2025-02-05)

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.

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:

403. Estimates to include debt servicing costs.

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