H.R. 2125 · 115th Congress
BASIC Act
- Stage
- In committee
- Sponsor
- Dave Brat
- Introduced
- 2017-04-25
- Latest action
- 2017-04-25 · Introduced in House
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.