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Mandating Per-Citizen Cost Estimates for Federal Legislation and Debt

This bill requires the Congressional Budget Office (CBO) to include a specific calculation in all cost estimates for new legislation: the estimated cost per U.S. citizen. This calculation must cover the change in total Federal spending and the change in total Federal debt resulting from the measure. This aims to provide citizens with a clear, individualized understanding of the financial impact of Congressional actions.
Key points
CBO must now calculate and publish the estimated cost of new legislation on a per-citizen basis.
The calculation must include changes to total Federal spending and total Federal debt.
This measure increases transparency regarding the financial consequences of new laws for individual taxpayers.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_9777
Sponsor: Rep. Brecheen, Josh [R-OK-2]
Process start date: 2024-09-24
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To amend the Congressional Budget and Impoundment Control Act of 1974 to require any cost estimate for a bill or joint resolution prepared by the Congressional Budget Office to include the cost to each United States citizen for carrying out such measure, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_9777.

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 2024-09-24.

What are the main provisions?

Key points include:

  • CBO must now calculate and publish the estimated cost of new legislation on a per-citizen basis.
  • The calculation must include changes to total Federal spending and total Federal debt.
  • This measure increases transparency regarding the financial consequences of new laws for individual taxpayers.
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. Brecheen, Josh [R-OK-2].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy