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S 2435 116th Congress Senate Economics and Public Finance Budget deficits and national debt Budget process

BASIC Act

Introduced: August 1, 2019 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
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 Congressional Research Service

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 August 1, 2019

Read twice and referred to the Committee on the Budget. (Sponsor introductory remarks on measure: CR S5315)

 Committees of jurisdiction 1