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CBO Transparency: Public Access to Budget Cost Analysis

This act requires the Congressional Budget Office (CBO) to publicly release the models, data, and computational details used for analyzing the costs of legislation. This will allow citizens to better understand how financial decisions regarding their money are made and what the projected impacts of new laws are.
Key points
Increased Transparency: CBO must publicly share models and data used for estimating legislative costs.
Verification Capability: Anyone can review how CBO arrived at its estimates, boosting trust in public data.
Improved Understanding: Citizens gain access to information helping them assess legislation's impact on their finances and lives.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_724
Sponsor: Rep. Davidson, Warren [R-OH-8]
Process start date: 2025-01-24
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
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 119_HR_724.

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 2025-01-24.

What are the main provisions?

Key points include:

  • Increased Transparency: CBO must publicly share models and data used for estimating legislative costs.
  • Verification Capability: Anyone can review how CBO arrived at its estimates, boosting trust in public data.
  • Improved Understanding: Citizens gain access to information helping them assess legislation's impact on their finances and lives.
What is the specific legal status?

The current status is Introduced.

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 2025-12-23.

CATEGORIES

Economy Public Investments