119-hr991

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 991 Introduced in House

    (IH) ]

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119th CONGRESS
 1st Session
 H. R. 991

 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.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 February 5, 2025

 Mr. Cloud (for himself, Mr. Meuser, Mr. Case, Mr. McClintock, Mr. 
 Golden of Maine, Ms. Perez, Mr. Grothman, Mr. McCormick, Mr. Norman, 
 Mr. Rouzer, Mr. Huizenga, Mr. Weber of Texas, Mr. Obernolte, Mr. 
 Edwards, and Mr. Collins) 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 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.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Cost Estimates Improvement Act''.

SEC. 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:

 ``estimates to include debt servicing costs

 ``

Sec. 403. 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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