arrow_back Civic Audit
Share share

Congressional Budget Office Termination: New Rules for Bill Cost Estimates

This act proposes to abolish the Congressional Budget Office (CBO) within one year of its enactment. This means that cost estimates for new legislation, previously prepared by the CBO, will have to be carried out by private entities. This could affect how citizens learn about the financial implications of government decisions.
Key points
The Congressional Budget Office (CBO), responsible for estimating the costs of legislation, will be abolished within one year.
Cost estimates for future legislation will be performed by private entities, and Congress will publish a list of such organizations.
Chairs of budget committees may pay bonuses to private entities whose cost estimates are close to the actual expenditures.
article Official text account_balance Process page notifications_active Track this Bill
Status: Expired
Civic Will
Checking votes...
I support
I oppose
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 117_HR_9692
Sponsor: Rep. Gohmert, Louie [R-TX-1]
Process start date: 2022-12-23
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Congressional Budget Office Termination Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_9692.

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 2022-12-23.

What are the main provisions?

Key points include:

  • The Congressional Budget Office (CBO), responsible for estimating the costs of legislation, will be abolished within one year.
  • Cost estimates for future legislation will be performed by private entities, and Congress will publish a list of such organizations.
  • Chairs of budget committees may pay bonuses to private entities whose cost estimates are close to the actual expenditures.
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. Gohmert, Louie [R-TX-1].

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.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Public Investments