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Pro-Growth Budgeting Act

USA117th CongressHR-3869| House 
| Updated: 6/14/2021
Kevin Hern

Kevin Hern

Republican Representative

Oklahoma

Cosponsors (5)
Markwayne Mullin (Republican)Jim Banks (Republican)Warren Davidson (Republican)John Joyce (Republican)Ralph Norman (Republican)

Rules Committee, Budget Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Pro-Growth Budgeting Act This bill requires the Congressional Budget Office and the Joint Committee on Taxation to incorporate a macroeconomic impact analysis in their cost estimates for major legislation. The macroeconomic impact analysis (commonly referred to as dynamic scoring) must include the budgetary effects of changes in economic output, employment, capital stock, tax revenues, the sources of financing new outlays, the total debt of the federal government, international trade, international capital flows, and other macroeconomic variables resulting from the legislation.
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Timeline

Bill from Previous Congress

HR 116-4959
Pro-Growth Budgeting Act
Jun 14, 2021
Introduced in House
Jun 14, 2021
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.
  • Bill from Previous Congress

    HR 116-4959
    Pro-Growth Budgeting Act


  • June 14, 2021
    Introduced in House


  • June 14, 2021
    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

Pro-Growth Budgeting Act

USA117th CongressHR-3869| House 
| Updated: 6/14/2021
Pro-Growth Budgeting Act This bill requires the Congressional Budget Office and the Joint Committee on Taxation to incorporate a macroeconomic impact analysis in their cost estimates for major legislation. The macroeconomic impact analysis (commonly referred to as dynamic scoring) must include the budgetary effects of changes in economic output, employment, capital stock, tax revenues, the sources of financing new outlays, the total debt of the federal government, international trade, international capital flows, and other macroeconomic variables resulting from the legislation.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-4959
Pro-Growth Budgeting Act
Jun 14, 2021
Introduced in House
Jun 14, 2021
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.
  • Bill from Previous Congress

    HR 116-4959
    Pro-Growth Budgeting Act


  • June 14, 2021
    Introduced in House


  • June 14, 2021
    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.
Kevin Hern

Kevin Hern

Republican Representative

Oklahoma

Cosponsors (5)
Markwayne Mullin (Republican)Jim Banks (Republican)Warren Davidson (Republican)John Joyce (Republican)Ralph Norman (Republican)

Rules Committee, Budget Committee

Economics and Public Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted