Budget Transparency Act

2/9/2022, 2:12 AM

Budget Transparency Act

This bill requires the President to submit to Congress certain updated economic projections before July 16 of each year. The submission must include updated projections regarding the federal budget deficit, the unemployment rate, the gross domestic product, the consumer price index, and interest rates.

Congress
116
Number
HR - 7210
Introduced on
2020-06-15
# Amendments
0
Sponsors
+5

Variations and Revisions

6/15/2020
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Budget Transparency Act

This bill requires the President to submit to Congress certain updated economic projections before July 16 of each year. The submission must include updated projections regarding the federal budget deficit, the unemployment rate, the gross domestic product, the consumer price index, and interest rates.

Alternative Names
Official Title as IntroducedTo amend section 1106 of title 31, United States Code, to require the President to submit to Congress additional updated economic projections before July 16 of each year.
Policy Areas
Economics and Public Finance
Potential Impact
Budget deficits and national debt•
Congressional oversight•
Economic performance and conditions•
Government information and archives•
Government studies and investigations•
Unemployment

Comments

Recent Activity

Latest Summary6/29/2020

Budget Transparency Act

This bill requires the President to submit to Congress certain updated economic projections before July 16 of each year. The submission must include updated projections regarding the federal budget deficit, t...

Latest Action6/15/2020
Referred to the House Committee on the Budget.