S.932: BASIC Act

About This Bill

Bill Version

Bill Summary

Budgetary Accuracy in Scoring Interest Costs Act of 2017 or the BASIC Act This bill amends the Congressional Budget and Impoundment Control Act of 1974 to require any cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the cost of servicing the public debt.

(Source: Library of Congress)

Bill Actions

Date Description
April 25, 2017
Read twice and referred to the Committee on the Budget. (text of measure as introduced: CR S2532-2533)
April 25, 2017

Introduced in the Senate by Steve Daines (R-Mont.)

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