Referred to the House Committee on the Budget.
The bill amends the Congressional Budget and Impoundment Control Act of 1974 to require the Congressional Budget Office (CBO) to produce annual analyses for the first ten years after enactment of any "major legislation." Each analysis must estimate costs and revenue changes, compare those figures to prior CBO estimates, and update projections. If any provision shows a discrepancy of 10 percent or more versus previous estimates, the Director must report to Congress explaining the cause.
All favor transparency, differ on politicization risk severity
Relative to its intended legislative type, this bill provides a clear, narrowly framed reporting mandate with well-defined outputs, timing, and a numerical threshold for coverage.
The bill amends the Congressional Budget and Impoundment Control Act of 1974 to require the Congressional Budget Office (CBO) to produce annual analyses for the first ten years after enactment of any "major legislation." Each analysis must estimate costs and revenue changes, compare those figures to prior CBO estimates, and update projections.
If any provision shows a discrepancy of 10 percent or more versus previous estimates, the Director must report to Congress explaining the cause.
Federal agencies must provide requested information, and "major legislation" is defined as measures affecting outlays or receipts at least 0.25% of current projected GDP for that year.
Narrow, low-cost oversight measure with bipartisan potential but faces Senateprocedural and politicization concerns; implementation costs unclear.
Relative to its intended legislative type, this bill provides a clear, narrowly framed reporting mandate with well-defined outputs, timing, and a numerical threshold for coverage. It integrates cleanly into the existing statutory framework and assigns responsibility to the CBO Director.
All favor transparency, differ on politicization risk severity
These are examples from the analysis, not a ranked list of the most-affected groups.
All favor transparency, differ on politicization risk severity
Likely cautiously supportive of stronger retrospective analysis and transparency, while concerned about potential politicization of CBO.
Would welcome better information about real program impacts, but worry about misuse to discredit social programs.
Generally supportive as a pragmatic accountability measure that improves budgeting accuracy.
Will raise questions about resources, feasibility, and the choice of thresholds and reporting timelines.
Likely supportive as a transparency and accountability tool to expose scoring errors and deter unchecked spending.
May prefer stronger enforcement or public framing highlighting discrepancies.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Narrow, low-cost oversight measure with bipartisan potential but faces Senateprocedural and politicization concerns; implementation costs unclear.
The bill has not accumulated any surfaced votes yet.
All favor transparency, differ on politicization risk severity
Narrow, low-cost oversight measure with bipartisan potential but faces Senateprocedural and politicization concerns; implementation costs u…
Relative to its intended legislative type, this bill provides a clear, narrowly framed reporting mandate with well-defined outputs, timing, and a numerical threshold for coverage. It integrates cleanly into the existing…
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