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bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
      senate Committees
      Senate Committee on the Budget
  • The house Passed April 4th, 2014
    Roll Call Vote 224 Yea / 182 Nay
      house Committees
      House Committee on the Budget
      House Committee on Rules
    IntroducedMay 8th, 2013

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What is it?

Requires the Congressional Budget Office (CBO) to perform what is known as "dynamic scoring": an attempt to estimate whether, and by how much, a change in tax or spending policy would affect the overall economy. Such an analysis would describe the likely impact of major bills as they relate to key economic variables like investment, employment and GDP by looking at both short-term and long-term economic impacts of such bills. 

Impact

Impacts how legislators would view budget issues, especially tax policy issues.

Cost

$2.00 Million
CBO estimates that implementing H.R. 1874 would cost about $2 million over the 2014-2018 period.

More Information

Media: 

Americans For Prosperity: Letter of Support for Pro-Growth Budgeting Act

CBPP: Budget Plans Should Not Rely on Dynamic Scoring

Of Note:

-The bill excludes “spending on investments” because bills reported by the Appropriations Committee “contain investments that foster economic growth.”

AKA

Pro-Growth Budgeting Act of 2014

Official Title

To amend the Congressional Budget Act of 1974 to provide for macroeconomic analysis of the impact of legislation.

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