BASIC Act

United States116th CongressS-2435Senate
Latest legislative activity: Aug 1, 2019

Summary

Official Summary

Budgetary Accuracy in Scoring Interest Costs Act of 2019 or the BASIC Act

This bill requires cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the costs of servicing the public debt.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-3979: BASIC Act

Introduced in House

  1. Read twice and referred to the Committee on the Budget. (Sponsor introductory remarks on measure: CR S5315)

    Senate

  2. Introduced in Senate

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