H.R. 4959 · 116th Congress
Pro-Growth Budgeting Act
- Stage
- In committee
- Sponsor
- Kevin Hern
- Introduced
- 2019-10-31
- Latest action
- 2019-10-31 · Introduced in House
Summary
Pro-Growth Budgeting Act
This bill requires the Congressional Budget Office and the Joint Committee on Taxation to incorporate a macroeconomic impact analysis in their cost estimates for major legislation.
The macroeconomic impact analysis (commonly referred to as dynamic scoring) must include the budgetary effects of changes in economic output, employment, capital stock, and other macroeconomic variables resulting from the legislation.