S 932 115th Congress Senate Economics and Public Finance Budget deficits and national debt Budget process

BASIC Act

Introduced: April 25, 2017 Introduced by: Daines, Steve Republican · Montana See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Apr 25, 2017

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

Apr 25, 2017

Introduced in Senate

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Plain-English summary Congressional Research Service

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.

What's happening now April 25, 2017

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

Related & companion bills 1

Bill text 1 version