S 2435
116th Congress
Senate
Economics and Public Finance
Budget deficits and national debt
Budget process
BASIC Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 1, 2019
Read twice and referred to the Committee on the Budget. (Sponsor introductory remarks on measure: CR S5315)
Aug 1, 2019
Introduced in Senate
Plain-English summary
Budgetary Accuracy in Scoring Interest Costs Act of 2019 or the BASIC Act
This bill requires cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the costs of servicing the public debt.
What's happening now
Read twice and referred to the Committee on the Budget. (Sponsor introductory remarks on measure: CR S5315)
Committees of jurisdiction
1