Cost Estimates Improvement Act
Sponsored By: Representative Cloud
Introduced
Summary
This bill would require official budget estimates to __include debt servicing costs__. It aims to make the costs of federal interest and borrowing more visible in CBO and Joint Committee on Taxation scoring and fiscal planning.
Show full summary
- Congressional Budget Office and Joint Committee on Taxation would be required to add the costs of servicing the federal public debt to their estimates, subject to the standard "to the extent practicable." This is an accounting requirement rather than a new spending or tax rule.
- Lawmakers would see more consistent information about interest costs when evaluating legislation, which could influence how Congress weighs long term proposals and budget choices.
- Budget analysts and the public would get clearer, more complete cost estimates that highlight how debt service contributes to future federal obligations.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Make federal debt costs visible
If enacted, this bill would require the Congressional Budget Office and the Joint Committee on Taxation to include federal public debt service costs in their official estimates. The rule would apply "to the extent practicable." The bill does not set dollar amounts or scoring formulas. If passed, this could make debt costs more visible in budget scoring and influence fiscal choices that affect markets and households.
Sponsors & CoSponsors
Sponsor
Cloud
TX • R
Cosponsors
Meuser
PA • R
Sponsored 2/5/2025
Case
HI • D
Sponsored 2/5/2025
McClintock
CA • R
Sponsored 2/5/2025
Golden (ME)
ME • D
Sponsored 2/5/2025
Perez
WA • D
Sponsored 2/5/2025
Grothman
WI • R
Sponsored 2/5/2025
McCormick
GA • R
Sponsored 2/5/2025
Norman
SC • R
Sponsored 2/5/2025
Rouzer
NC • R
Sponsored 2/5/2025
Huizenga
MI • R
Sponsored 2/5/2025
Weber (TX)
TX • R
Sponsored 2/5/2025
Obernolte
CA • R
Sponsored 2/5/2025
Edwards
NC • R
Sponsored 2/5/2025
Collins
GA • R
Sponsored 2/5/2025
Carter (GA)
GA • R
Sponsored 2/6/2025
Moore (NC)
NC • R
Sponsored 2/11/2025
Cline
VA • R
Sponsored 2/11/2025
Davidson
OH • R
Sponsored 9/26/2025
Moore (UT)
UT • R
Sponsored 1/13/2026
Begich
AK • R
Sponsored 2/10/2026
Roll Call Votes
No roll call votes available for this bill.
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