CBO is required to produce a cost estimate for nearly every bill approved by a full committee of the House of Representatives or the Senate. Estimates include statements concerning intergovernmental and private-sector mandates as defined in the Unfunded Mandates Reform Act.
Cost estimates are advisory only; they can, but need not, be used to enforce budgetary rules or targets. CBO does not enforce budgetary rules; the Budget Committees do.
September 6, 2024As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs
on July 31, 2024
The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. CBO estimates the effects of those bills on direct spending and revenues.
