Cost Estimates Improvement Act
Sponsored By: Representative Cloud, Michael [R-TX-27]
Introduced
Summary
Include public debt servicing costs in official legislative cost estimates so interest on added debt figures into how lawmakers measure a bill's fiscal effect. The bill would require the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) to include those debt-service costs in estimates to the extent practicable.
Show full summary
- Lawmakers and budget analysts would see scorekeeping that tries to account for interest on added debt. That can make long-term costs of proposals look larger.
- The Congressional Budget Office and the Joint Committee on Taxation would need to include debt-service costs when practicable. The bill does not prescribe methods, thresholds, or dollar tests for how to calculate those costs.
- The public and watchdogs would get more complete cost estimates that reflect debt-service obligations. That may change how proposals are judged politically and fiscally.
*Would not authorize new spending or revenue changes and instead changes how costs are reported by requiring debt-service estimates when practicable.*
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Require debt-service costs in estimates
If enacted, this bill would require the Congressional Budget Office and the Joint Committee on Taxation to include debt-service costs in their official cost estimates, to the extent practicable. It would add a new Section 407 to the Congressional Budget Act and update the Act's table of contents. This is a procedural change and would not itself create new funding, change taxes, or alter program eligibility.
Sponsors & CoSponsors
Sponsor
Cloud, Michael [R-TX-27]
TX • R
Cosponsors
Rep. Weber, Randy K. Sr. [R-TX-14]
TX • R
Sponsored 9/10/2026
Rep. Obernolte, Jay [R-CA-23]
CA • R
Sponsored 9/10/2026
Rep. Edwards, Chuck [R-NC-11]
NC • R
Sponsored 9/10/2026
Rep. Collins, Mike [R-GA-10]
GA • R
Sponsored 9/10/2026
Rep. Carter, Earl L. "Buddy" [R-GA-1]
GA • R
Sponsored 9/10/2026
Rep. Moore, Tim [R-NC-14]
NC • R
Sponsored 9/10/2026
Rep. Cline, Ben [R-VA-6]
VA • R
Sponsored 9/10/2026
Rep. Davidson, Warren [R-OH-8]
OH • R
Sponsored 9/10/2026
Rep. Moore, Blake D. [R-UT-1]
UT • R
Sponsored 9/10/2026
Rep. Begich, Nicholas J. [R-AK-At Large]
AK • R
Sponsored 9/10/2026
Rep. Meuser, Daniel [R-PA-9]
PA • R
Sponsored 9/10/2026
Rep. Case, Ed [D-HI-1]
HI • D
Sponsored 9/10/2026
Rep. McClintock, Tom [R-CA-5]
CA • R
Sponsored 9/10/2026
Rep. Golden, Jared F. [D-ME-2]
ME • D
Sponsored 9/10/2026
Rep. Perez, Marie Gluesenkamp [D-WA-3]
WA • D
Sponsored 9/10/2026
Rep. Grothman, Glenn [R-WI-6]
WI • R
Sponsored 9/10/2026
Rep. McCormick, Richard [R-GA-7]
GA • R
Sponsored 9/10/2026
Rep. Norman, Ralph [R-SC-5]
SC • R
Sponsored 9/10/2026
Rep. Rouzer, David [R-NC-7]
NC • R
Sponsored 9/10/2026
Rep. Huizenga, Bill [R-MI-4]
MI • R
Sponsored 9/10/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov