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Bill114th CongressFiled May 21, 2015Economics and Public Finance
H.R. 2498

Budget Integrity Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary introduced in house (May 21, 2015)

Budget Integrity Act

This bill amends the Congressional Budget Act of 1974 to require the Congressional Budget Office (CBO) to prepare long-term cost estimates for reported legislation with a gross budgetary impact of at least 0.25% of gross domestic product in either of the next two 10-year periods.

The bill also creates a point of order against considering legislation in the House or the Senate that would cause a net increase in on-budget deficits above $5 billion in either of the two periods.

The CBO and the Office of Management and Budget must issue long-term budget projections that cover 40 years. The Government Accountability Office must report on the effects of long-term debt.

The bill amends the Rules of the House of Representatives to deem the House to have passed any necessary changes to the statutory debt limit upon adoption of the budget resolution.

What just happenedMay 21, 2015

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.

Who’s behind it

Rep. Carney, John C., Jr. [D-DE-At Large](D-DE)Sponsor
6 cosponsors4 D2 R
Read on Congress.gov
6cosponsors2committees5actions1related bills3subjects
  1. May 21, 2015IntroReferralH11100

    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.

    Budget Committee
  2. May 21, 2015IntroReferralH11100-A

    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.

  3. May 21, 2015IntroReferralH11100

    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.

    Rules Committee
  4. May 21, 2015IntroReferralIntro-H

    Introduced in House

  5. May 21, 2015IntroReferral1000

    Introduced in House

Budget Integrity Act — Informed