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Legislation Search

H.R. 10327: Cost Estimates Improvement Act

This bill would change the way the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) prepare cost estimates for legislation.

What it would require

Under current law, CBO and JCT estimates are used to show how much a bill is expected to affect federal spending and revenues. This bill would require those estimates to also include, to the extent practicable, any costs related to servicing the public debt. That means the estimates would try to account for interest or similar costs the federal government may incur if a bill changes borrowing needs.

What that means in practice

  • If a bill increases the federal deficit, the estimate would try to show not only the direct budget effects, but also any extra debt service costs that might result from additional borrowing.
  • If a bill reduces the deficit, the estimate would try to show any debt service savings that might result from lower borrowing.
  • The bill does not appear to change taxes, spending programs, or borrowing limits directly. It changes the information provided in official budget estimates.

Administrative change

The bill also makes a technical update to the table of contents in the Congressional Budget and Impoundment Control Act of 1974 to add the new section on debt servicing costs.

Relevant Companies

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Sponsors

21 bill sponsors

Actions

2 actions

Date Action
Sep. 10, 2026 Introduced in House
Sep. 10, 2026 Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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