HR 3869 · 117th Congress · Economics and Public Finance

Pro-Growth Budgeting Act

Introduced 2021-06-14· Sponsored by Rep. Hern, Kevin [R-OK-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
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.(2021-06-14)

Plain Language Summary

[AI summary unavailable — showing source text] Pro-Growth Budgeting Act This bill requires the Congressional Budget Office and the Joint Committee on Taxation to incorporate a macroeconomic impact analysis in their cost estimates for major legislation. The macroeconomic impact analysis (commonly referred to as dynamic scoring) must include the budgetary effects of changes in economic output, employment, capital stock, tax revenues, the sources of financing new outlays, the total debt of the federal government, international trade, international capital flows, and other macroeconomic variables resulting from the legislation.…

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

Cosponsors (5)

5 Republicans