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- S.2357
S.2357: A bill 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 July 27, 1998
- Latest Major Action July 27, 1998
Bill Sponsor
Bill Cosponsors
6 (All Republicans)
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 |
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Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, that if one Committee report, the other Committee have thirty days to report or be discharged.
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| July 27, 1998 |
Introduced in the Senate by John Ashcroft (R-Mo.) |