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- S.675
S.675: A bill to require 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 108th Congress
- This bill is primarily about congress
- Introduced March 20, 2003
- Latest Major Action June 20, 2003
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (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
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Sponsor introductory remarks on measure.
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Read twice and referred jointly to the Committees on the Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.
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Committee on Governmental Affairs referred to Subcommittee on Financial Management, the Budget, and International Security.
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| March 20, 2003 |
Introduced in the Senate by John Ensign (R-Nev.) |