Long-Term Studies of Comprehensive Outcomes and Returns for the Economy Act or Long-Term SCORE Act - Amends the Congressional Budget Act of 1974 (CBA) to establish within the Congressional Budget Office (CBO) a long-term budget scoring division.
Requires the CBO Director, whenever a CBO cost analysis of a public bill or resolution reported by any congressional committee (except the congressional appropriations committees) is prepared, and upon the request of any Member of Congress, to prepare and submit to such committee the information requested, except that it shall be for, if practicable, at least each of the next four 10 fiscal-year periods (long-term cost analysis).
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4444 Introduced in House (IH)]
113th CONGRESS
2d Session
H. R. 4444
To amend the Congressional Budget Act of 1974 to require that the
Congressional Budget Office prepare long-term scoring estimates for
reported bills and joint resolutions that could have significant
economic and fiscal effects outside of the normal scoring periods.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
April 9, 2014
Mr. Ribble (for himself, Mr. Pocan, Ms. Jenkins, Mr. McKinley, Mr.
Grijalva, and Mr. Takano) introduced the following bill; which was
referred to the Committee on the Budget, and in addition to the
Committee on Rules, 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
_______________________________________________________________________
A BILL
To amend the Congressional Budget Act of 1974 to require that the
Congressional Budget Office prepare long-term scoring estimates for
reported bills and joint resolutions that could have significant
economic and fiscal effects outside of the normal scoring periods.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Long-Term Studies of Comprehensive
Outcomes and Returns for the Economy Act'' (``Long-Term SCORE Act'').
SEC. 2. FINDINGS AND PURPOSE.
(a) Findings.--Congress finds the following:
(1) The Centers for Disease Control and Prevention
estimates that 133 million Americans live with at least one
chronic condition.
(2) More than three of every four health care dollars spent
in the United States derive from the care of chronic medical
conditions.
(3) Such conditions include diabetes, cardiovascular
disease, cancer, obesity, arthritis, and Alzheimers.
(4) Reports from the Trust for America's Health, the
Campaign to End Obesity, and other organizations demonstrate
that Federal policies which lead to reductions in the
prevalence of one or more chronic disease may save United
States taxpayers as much as $611 billion over the next 20
years, and more in years beyond that time window.
(5) The Congressional Budget Office, which estimates the
cost of Federal policies, typically provides Congress with
budgetary impact analyses for a five- or ten-year period.
(6) Longer-term budgetary impacts fall beyond the
traditional Congressional Budget Office budget window and
therefore are not captured in Congressional determinations of
policies that reflect strategic investments in chronic disease
prevention and treatment, and similar long-term policies.
(7) The Congressional Budget Office has produced some long-
term budget analysis, assessing the budgetary impact of certain
programs for a period of as much as 75 years.
(8) The Congressional Budget Office presently lacks
adequate resources to conduct more regular long-term economic
analyses.
(9) Congress and taxpayers will benefit from having such
analyses more regularly available to steward Federal dollars
into the most effective policies and programs, particularly
those that will generate long-term budgetary savings.
(b) Purpose.--The purpose of this Act is to require that the
Congressional Budget Office prepare long-term scoring estimates for
reported bills and joint resolutions that could have significant
economic and fiscal effects outside of the normal scoring periods.
SEC. 3. ESTABLISHMENT OF ASSISTANT DIRECTOR FOR LONG-TERM BUDGET
SCORING.
Paragraph (1) of section 201(a) of the Congressional Budget Act of
1974 is amended by inserting ``(A)'' after ``(1)'' and by adding at the
end the following new subparagraph:
``(B) There is established within the Office a long-term
budget scoring division which shall be headed by an assistant
director who shall report directly to the Director.''.
SEC. 4. LONG-TERM COST ANALYSES OF LEGISLATION BY CBO.
Section 402 of the Congressional Budget Act of 1974 is amended by
inserting ``(a) Cost Estimates.--'' after ``Sec. 402.'' and by adding
at the end the following new subsection:
``(b) Long-Term Cost Estimates.--Whenever the Director of the
Congressional Budget Office prepares an analysis of the costs of a bill
or resolution under subsection (a), and upon the request of any Member
of the House of Representatives or the Senate, the Director shall
prepare and submit to such committee the information requested under
paragraphs (1), (2), and (3) of subsection (a), except that such
information shall be for, if practicable, at least each of the next
four ten fiscal-year periods beginning with the first fiscal year after
the last fiscal year for which an analysis was prepared under
subsection (a).''.
SEC. 5. AUTHORIZATION OF APPROPRIATIONS FOR LONG-TERM COST ESTIMATING.
Section 201(g) of the Congressional Budget Act of 1974 is amended
by striking the second sentence and inserting the following new
sentence: ``In addition to such sums as may otherwise be appropriated
to the Office, there are authorized to be appropriated to the Office
for each fiscal year $5,000,000 to enable it to prepare the long-term
cost estimates required by section 402(b).''.
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Introduced in House
Introduced in House
Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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.
Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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.
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