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Cost Analysis Required Before Budget Bill Votes

This proposed rule aims to ensure Congress has full cost information for major budget changes before making decisions. It means important bills affecting public finances, and potentially your taxes or benefits, must have a publicly available cost analysis before a vote. This increases transparency and allows for a better understanding of how taxpayer money is spent.
Key points
Establishes that the House of Representatives cannot vote on budget reconciliation bills until an official cost analysis from the Congressional Budget Office (CBO) is received.
Aims to ensure that decisions on large spending or tax changes are made with full knowledge of their financial consequences.
Increases legislative transparency, giving citizens better insight into how their money is managed.
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Additional Information
Amending the Rules of the House of Representatives to prohibit the consideration of a bill or joint resolution, or any amendment thereto or conference report thereon, that includes reconciliation legislation prior to the receipt by the committee of jurisdiction of the cost analysis for such legislation from the Congressional Budget Office.
Print number: HRES 799
Sponsor: Rep. Gallagher, Mike [R-WI-8]
Process start date: 2021-11-17