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.
USA115th CongressHR-2125| House
| Updated: 4/25/2017
Dave Brat
Republican Representative
Virginia
Cosponsors (1)
Rules Committee, Budget Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Budgetary Accuracy in Scoring Interest Costs Act of 2017 or the BASIC Act This bill amends the Congressional Budget and Impoundment Control Act of 1974 to require any cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the cost of servicing the public debt.
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Timeline
Introduced in House
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.
Economics and Public Finance
Budget deficits and national debtBudget process
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.
USA115th CongressHR-2125| House
| Updated: 4/25/2017
Budgetary Accuracy in Scoring Interest Costs Act of 2017 or the BASIC Act This bill amends the Congressional Budget and Impoundment Control Act of 1974 to require any cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the cost of servicing the public debt.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
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.
Dave Brat
Republican Representative
Virginia
Cosponsors (1)
Rules Committee, Budget Committee
Economics and Public Finance
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Budget deficits and national debtBudget process