A bill to amend the Congressional Budget Act of 1974 to provide that any estimate prepared by the Congressional Budget Office or the Joint Committee on Taxation shall include costs relating to servicing the public debt, and for other purposes.
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Committee
Latest Action · August 1, 2019
Read twice and referred to the Committee on the Budget. (Sponsor introductory remarks on measure: CR S5315)
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.
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