To amend section 1105(a) of title 31, United States Code, to require that annual budget submissions of the President to Congress provide an estimate of the cost per taxpayer of the deficit and of the public debt.

10/28/2022, 1:46 AM

Congressional Summary of HR 5490

This bill requires the President's annual budget submission to Congress to include estimates of the cost per individual taxpayer for (1) the public debt, and (2) any projected budget deficit for the fiscal year.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill HR 5490

Bill HR 5490 is currently in the status of Bill Introduced since December 19, 2019. Bill HR 5490 was introduced during Congress 116 and was introduced to the House on December 19, 2019. Bill HR 5490's most recent activity was Referred to the House Committee on the Budget. as of December 19, 2019

Bipartisan Support of Bill HR 5490

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 5490

Primary Policy Focus

Economics and Public Finance

Potential Impact Areas

- Budget deficits and national debt

- Budget process

- Government information and archives

- Tax administration and collection, taxpayers

Alternate Title(s) of Bill HR 5490

To amend section 1105(a) of title 31, United States Code, to require that annual budget submissions of the President to Congress provide an estimate of the cost per taxpayer of the deficit and of the public debt.