Executive Action Cost Transparency Act

This legislation aims to enhance fiscal transparency by requiring the Congressional Budget Office (CBO) to incorporate the budgetary effects of certain executive and judicial actions into its baseline calculations. These actions encompass a range of government directives, including proposed and final rules, executive orders, and memoranda, ensuring a more comprehensive financial outlook for the federal government. A key provision mandates that federal departments and agencies provide the CBO with detailed documentation, including implementation guidance and relevant data, within 10 days of an executive action taking effect. This ensures the CBO has the necessary information to accurately assess the financial impact of such actions. Furthermore, the CBO's reports must feature a separate table detailing judicial and executive actions estimated to have a budgetary effect of at least $50 billion over a ten-year period, with proposed executive actions treated as final for this assessment.