We have received text from H.R. 10327: Cost Estimates Improvement Act. This bill was received on 2026-09-10, and currently has 20 cosponsors.
Here is a short summary of the bill:
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
None found
Representative Michael Cloud Bill Proposals
Here are some bills which have recently been proposed by Representative Michael Cloud:
- H.R.10327: To amend the Congressional Budget Act of 1974 to provide that any estimate prepared by the Congressional Budget Office or the Joint Committee on Taxation shall include costs relating to servicing the public debt, and for other purposes.
- H.R.10047: Depot Data Transparency Act
- H.R.10046: DEPOTS Act
- H.R.10017: Permanent CBDC Ban Act
- H.R.9345: Medicaid Equal Standards Act
- H.R.8652: YODA
You can track bills proposed by Representative Michael Cloud on Quiver Quantitative's politician page for Cloud.
Representative Michael Cloud Net Worth
Quiver Quantitative estimates that Representative Michael Cloud is worth $615.5K, as of September 11th, 2026. This is the 388th highest net worth in Congress, per our live estimates.
Cloud has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Representative Michael Cloud's net worth on Quiver Quantitative's politician page for Cloud.
2026 Texas's 27th Congressional District Election
There has been approximately $1,576,499 of spending in Texas's 27th congressional district elections over the last two years, per our estimates.
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2026 Texas's 27th congressional district election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
