H.R. 282 · 114th Congress

Long-Term Studies of Comprehensive Outcomes and Returns for the Economy Act (Long-Term SCORE Act)

Stage
In committee
Introduced
2015-01-12
Latest action
2015-01-12 · Introduced in House

Summary

Long-Term Studies of Comprehensive Outcomes and Returns for the Economy Act (Long-Term SCORE Act)

This bill amends the Congressional Budget Act of 1974 to require the Congressional Budget Office (CBO) to prepare long-term cost estimates for legislation reported by congressional committees. It also establishes a long-term budget scoring division within CBO. The bill requires the long-term estimates to cover at least each of the next four ten-year periods. CBO currently provides cost estimates over a 5- or10-year period.