HR 2125 · 115th Congress · Economics and Public Finance

BASIC Act

Introduced 2017-04-25· Sponsored by Rep. Brat, Dave [R-VA-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
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Senate
5
Enacted
Latest: 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.(2017-04-25)

Plain Language Summary

[AI summary unavailable — showing source text] Budgetary Accuracy in Scoring Interest Costs Act of 2017 or the BASIC Act This bill amends the Congressional Budget and Impoundment Control Act of 1974 to require any cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the cost of servicing the public debt.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. Sanford, Mark [R-SC-1]SC