To amend section 1105(a) of title 31, United States Code, to require that annual budget submissions of the President to Congress provide an estimate of the cost per taxpayer of the deficit and of the public debt.
This bill requires the President's annual budget submission to Congress to include estimates of the pro rata cost to individuals who file an income tax return of: (1) the public debt, and (2) any projected budget deficit for the fiscal year.
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Timeline
Introduced in House
Referred to the House Committee on the Budget.
Introduced in House
Referred to the House Committee on the Budget.
Economics and Public Finance
Budget deficits and national debtBudget processGovernment information and archivesTax administration and collection, taxpayers
To amend section 1105(a) of title 31, United States Code, to require that annual budget submissions of the President to Congress provide an estimate of the cost per taxpayer of the deficit and of the public debt.
USA115th CongressHR-1024| House
| Updated: 2/13/2017
This bill requires the President's annual budget submission to Congress to include estimates of the pro rata cost to individuals who file an income tax return of: (1) the public debt, and (2) any projected budget deficit for the fiscal year.