YourVoice.Now Summary
Transparency & AccountabilityCongress's official price tags for new bills would have to count interest costs on the national debt.
Transparency & Accountability
Two offices in Congress write official price tags for bills. They are the CBO and the Joint Committee on Taxation. Their price tags would have to count any cost of interest on the national debt, when they can.
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. It changes how Congress adds up the cost of new bills. Two congressional offices write official cost estimates for bills. They are the Congressional Budget Office and the Joint Committee on Taxation. Their estimates would have to include any costs of paying interest on the national debt, when practical. That way, the cost of borrowing would show up in the price tag lawmakers see. A House bill, H.R. 10327, has the same text.
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
- Senate
- Status
- summarized
- Action
- Introduced in Senate
- Action Date
- 2026-09-17
- Date Added
- 2026-10-08
- Source
- Congress.gov →
Like reading a bill in plain English?
We're building an app that does this for every bill in Congress and lets you tell your reps how you want them to vote. We're a small team getting ready to launch, and we're trying to show investors that real people want this. Be one of them. Help us get it built. Leave your email and we'll tell you the moment the app is ready.