H.R.4452: Requiring the Congressional Budget Office and the Joint Committee on Taxation to use dynamic economic modeling in addition to static economic modeling in the preparation of budgetary estimates of proposed changes in Federal revenue law.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about congress
  • Introduced Aug. 6, 1998
  • Latest Major Action Aug. 6, 1998

Bill Summary

Expresses the sense of the Congress that it is necessary to ensure that the Congress is presented with reliable information from the Congressional Budget Office (CBO) and the Joint Committee on Taxation as to the dynamic macroeconomic feedback effects to changes in Federal law and the probable behavioral responses of taxpayers, businesses, and other parties to such changes. Requires the Joint Committee and CBO to prepare fiscal estimates of...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on the Budget, and in addition to the Committees on Rules, and Ways and Means, 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.
Referred to House Budget
Referred to House Rules
Referred to House Ways and Means
Aug. 6, 1998

Introduced in the House by Tom Campbell (R-Calif.)

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