Federal HB991 mandates that Congressional Budget Office and Joint Committee on Taxation estimates include costs of servicing the public debt.

Federal HB991, the Cost Estimates Improvement Act, amends the Congressional Budget Act of 1974 to ensure that any estimate prepared by the Congressional Budget Office or the Joint Committee on Taxation includes the costs of servicing the public debt, to the extent practicable. This change aims to provide a more comprehensive view of fiscal impacts by incorporating debt servicing costs into budgetary estimates.

Federal HB991 mandates that Congressional Budget Office and Joint Committee on Taxation estimates include costs of servicing the public debt.

Federal HB991, the Cost Estimates Improvement Act, amends the Congressional Budget Act of 1974 to ensure that any estimate prepared by the Congressional Budget Office or the Joint Committee on Taxation includes the costs of servicing the public debt, to the extent practicable. This change aims to provide a more comprehensive view of fiscal impacts by incorporating debt servicing costs into budgetary estimates.