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S. 932

BASIC Act

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.

Read twice and referred to the Committee on the Budget. (text of measure as introduced: CR S2532-2533)

Sen. Daines, Steve [R-MT](R-MT)Sponsor
4 cosponsors4 R
4cosponsors1committees2actions1related bills2subjects
  1. IntroReferral

    Read twice and referred to the Committee on the Budget. (text of measure as introduced: CR S2532-2533)

    Budget Committee
  2. IntroReferral10000

    Introduced in Senate

BASIC Act — Informed