Search Results: keywords:"budget estimates"

  • H. J. RES. 17 — Proposing a balanced budget amendment to the Constitution of the United States.
    Status:Introduced in House
    Words:334

    H. J. RES. 17 proposes an amendment to the U.S. Constitution to require that the country's total expenses do not exceed its income each fiscal year, unless two-thirds of Congress approve more spending. It mandates the President to submit a budget that aligns with this...

    Simple Explanation

    The bill is like a rule that says the United States must not spend more money than it earns each year, unless a big group of leaders agree to spend extra. It also wants the President to plan the budget to make sure spending and earning are balanced, but it allows some wiggle room just in case of surprises or emergencies.

  • H. R. 991 — 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.
    Status:Introduced in House
    Words:411

    H. R. 991, also known as the “Cost Estimates Improvement Act,” seeks to amend the Congressional Budget Act of 1974. The bill requires that any estimate prepared by the Congressional Budget Office (CBO) or the Joint Committee on Taxation (JCT) should include the costs...

    Simple Explanation

    H. R. 991 wants to make sure that when the government figures out what it will do with its money, it also thinks about the costs of paying back borrowed money. This is like remembering to count how much money you owe when deciding how to spend your allowance.

  • H. R. 766 — An Act To amend the Congressional Budget Act of 1974 respecting the scoring of preventive health savings.
    Status:Received in Senate
    Words:564

    H. R. 766, known as the “Dr. Michael C. Burgess Preventive Health Savings Act,” is a proposed amendment to the Congressional Budget Act of 1974. The bill seeks to change how preventive health care measures are accounted for in government budget estimates. It allows the...

    Simple Explanation

    H. R. 766 wants to change how the government counts money saved by keeping people healthy, and it gives a special helper the power to decide if new ideas will save money in the future, but it doesn't give clear rules on how to do this.