Improved Budget Cost Estimates and Duplication Avoidance.
This act aims to increase transparency in government spending. It will provide citizens with a clearer understanding of how tax money is spent, including public debt servicing costs. Additionally, the act seeks to identify and eliminate programs that duplicate efforts, potentially leading to savings.
Key points
Cost estimates for new laws will now include public debt servicing costs, providing a more complete financial picture.
Reports will highlight agencies and programs with similar goals to avoid wasting money on duplicated efforts.
Expired
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