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Budget Transparency: Public Access to Government Cost Estimates

This act aims to increase transparency in how the government estimates the costs of new laws. Citizens will gain access to the models and data used for these calculations, allowing them to better understand how financial estimates are derived and how they might impact their lives.
Key points
Increased Transparency: The Congressional Budget Office (CBO) must publish models and data used for estimating legislative costs.
Verification Capability: Anyone can review how legislative costs are calculated, boosting confidence in government forecasts.
Better Understanding: Citizens will have tools to independently assess the impact of new laws on public finances and their personal budgets.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 117_HR_5638
Sponsor: Rep. Davidson, Warren [R-OH-8]
Process start date: 2021-10-20
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

CBO Show Your Work Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_5638.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-10-20.

What are the main provisions?

Key points include:

  • Increased Transparency: The Congressional Budget Office (CBO) must publish models and data used for estimating legislative costs.
  • Verification Capability: Anyone can review how legislative costs are calculated, boosting confidence in government forecasts.
  • Better Understanding: Citizens will have tools to independently assess the impact of new laws on public finances and their personal budgets.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Davidson, Warren [R-OH-8].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on the Budget.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy Public Investments Courts and Law