YourVoice.Now Summary
Transparency & AccountabilityCongress's official cost estimates for new bills would now include interest costs on the debt they add.
Transparency & Accountability
Congress's official cost estimates for new bills, written by the CBO and the Joint Committee on Taxation, would have to include the cost of interest on the debt, when that's practical to calculate. Today those estimates often leave interest costs out.
More about this bill
Most people would not notice any change from this bill. It does not raise or lower any tax, benefit, or price. Instead, it changes how Congress adds up the cost of future bills. Two congressional offices write official cost estimates for new bills: the Congressional Budget Office and the Joint Committee on Taxation. Right now those estimates often skip the cost of interest on borrowed money. This bill would make them include interest costs, when practical. People who read those estimates would see a fuller number. Most other readers would not notice this directly.
Congressional Summary
Cost Estimates Improvement 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.
Details
- Congress
- 119th
- Chamber
- House
- Status
- summarized
- Action
- Introduced in House
- Action Date
- 2026-09-10
- Date Added
- 2026-09-19
- Source
- Congress.gov →
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