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HR 6525 112th Congress House Economics and Public Finance Accounting and auditing Budget deficits and national debt Budget process Legislative rules and procedure

Truth in Spending Act of 2012

Introduced: September 21, 2012 See on congress.gov
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 21, 2012
Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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.
Sep 21, 2012
Introduced in House
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 Plain-English summary Congressional Research Service

Truth in Spending Act of 2012 - Requires the President's annual budget request to Congress to include the most recent reports of the Director of the Office of Management and Budget (OMB) regarding the difference between the actual costs and the estimated costs of direct spending legislation, including proposed legislative language, if any, in such reports.

Requires OMB to submit annually for inclusion in the President's budget request reports (with follow-up reports every five fiscal years) on the total estimated cost and total actual cost of direct spending legislation for the then budget year and four outyears.

Requires the President, within seven days after receiving an OMB report, to submit proposed legislative language, if any, set forth in the report to both chambers.

Prescribes the procedure for fast track consideration of the legislation in both chambers.

Prohibits the budgetary effects of such legislation from being entered on either PAYGO scorecard under the Statutory Pay-As-You-Go Act of 2010.

What's happening now September 21, 2012

Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 4
All 4 Democratic 1
Altmire, Jason
· Sep 21, 2012
BOSWELL, LEONARD
· Sep 21, 2012
JOHNSON, TIMOTHY
· Sep 21, 2012
 D
Quigley, Mike
Illinois · Sep 21, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6525: Truth in Spending Act of 2012. 112th Congress. Open America. https://openamerica.io/bill/112-HR-6525/
MLA
"H.R. 6525: Truth in Spending Act of 2012." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-6525/.
Bluebook (legal)
H.R. 6525, 112th Cong. (2026), https://openamerica.io/bill/112-HR-6525/.
Markdown link
[H.R. 6525: Truth in Spending Act of 2012](https://openamerica.io/bill/112-HR-6525/)
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