Search Results for keywords:"federal budget transparency"

Search Results: keywords:"federal budget transparency"

H. R. 8372 — To require the annual budget submission of the President to Congress and the annual concurrent resolution on the budget provide an estimate of certain additional information per each taxpayer, and for other purposes.
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May 14, 2024
Status:Introduced in House
Congress:118
Words:669
H.R. 8372, known as the "Debt Per Taxpayer Information Act," aims to make budget information more transparent to taxpayers. It requires the President's annual budget submission and Congressional budget resolutions to include estimates of the national debt and how it breaks down per taxpayer....
Simple Explanation
H.R. 8372 wants to help people understand how much the country's debt is for each person who pays taxes. It even suggests showing this information on work payment forms, like the ones that tell you how much money you earned.
H. R. 9716 — An Act To amend the Congressional Budget and Impoundment Control Act of 1974 to require the Congressional Budget Office to provide baseline updates, and for other purposes.
December 11, 2024
Status:Engrossed in House
Congress:118
Words:377
H.R. 9716, titled the "Increasing Baseline Updates Act," proposes changes to the Congressional Budget and Impoundment Control Act of 1974. It mandates the Congressional Budget Office (CBO) to provide at least two updates to its budgetary baseline each year, with at least one...
Simple Explanation
H.R. 9716 is a new rule that wants the people who keep track of the money the government spends to share their updates about how money is being used at least twice a year, so everyone knows if things are going as planned. It also says the President has to tell Congress special money details every year by February 1st, to help everyone understand how much money is actually being used.

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