H.R. 8775 · 117th Congress

BASIC Act

Stage
In committee
Introduced
2022-09-06
Latest action
2022-09-06 · Introduced in House

Summary

Budgetary Accuracy in Scoring Interest Costs Act of 2022 or the BASIC Act

This bill requires cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the costs of servicing the public debt.