To amend the Congressional Budget and Impoundment Control Act of 1974 to provide that Congress may request estimates of legislation from reputable accounting firms for purposes of budget enforcement, and for other purposes.

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.

Bill 119 hr 2524, also known as the Congressional Budget and Impoundment Control Act of 1974, aims to amend the existing legislation to allow Congress to request estimates of proposed legislation from reputable accounting firms. This amendment is intended to enhance budget enforcement by providing Congress with accurate and reliable information on the potential financial impact of proposed bills.

The bill recognizes the importance of having accurate cost estimates for proposed legislation in order to make informed decisions about budget allocations. By allowing Congress to seek estimates from reputable accounting firms, lawmakers can better understand the potential fiscal implications of proposed bills and make more informed decisions about budget priorities.

In addition to providing estimates from accounting firms, the bill also includes provisions for other purposes related to budget enforcement. These additional provisions are aimed at improving the overall budget process and ensuring that Congress has the necessary tools to effectively manage the federal budget. Overall, Bill 119 hr 2524 seeks to enhance budget enforcement by providing Congress with access to accurate and reliable cost estimates for proposed legislation. By allowing lawmakers to make more informed decisions about budget allocations, this bill aims to improve the overall budget process and ensure responsible fiscal management.