S 5159
A bill to amend the Congressional Budget and Impoundment Control Act of 1974 to require any cost estimate for a bill or joint resolution prepared by the Congressional Budget Office to include the cost to each United States citizen for carrying out such measure, and for other purposes.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
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Bill overview
This bill aims to make Congressional budget estimates more transparent by requiring the Congressional Budget Office (CBO) to include an estimate of how much each U.S. citizen would pay for a new law or resolution. Specifically, the CBO must calculate the cost to each citizen, expressed as a proportional share of the overall change in federal spending and debt. This would provide a clearer picture of the financial impact of legislation on the American people. The bill modifies the Congressional Budget and Impoundment Control Act of 1974 to implement this requirement.
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Primary sponsor
Cosponsor
Mike Braun
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