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- S.154
S.154: 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 111th Congress
- This bill is primarily about economics and public finance
- Introduced Jan. 6, 2009
- Latest Major Action Jan. 6, 2009
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
7 (All Republicans)
Bill Summary
Expresses the sense of Congress that it is necessary to ensure that 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, using among other methods dynamic...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on the Budget.
|
|
| Jan. 6, 2009 |
Introduced in the Senate by John Ensign (R-Nev.) |