HR 8775 · 117th Congress

BASIC Act

<p><b>Budgetary Accuracy in Scoring Interest Costs Act of 2022 or the BASIC Act</b></p> <p>This bill requires cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the costs of servicing the public debt. </p>

Introduced

2022-09-06

Policy area

Economics and Public Finance

Latest action

Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.