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.
- Not enactedThe President has not signed this bill
- The senate has not voted
Senate Committee on the Budget
- senate Committees
- The house Passed April 4th, 2014Roll Call Vote 224 Yea / 182 Nay
House Committee on the BudgetHouse Committee on RulesIntroducedMay 8th, 2013
- house Committees
What is it?
-The bill excludes “spending on investments” because bills reported by the Appropriations Committee “contain investments that foster economic growth.”