,,ib  ,union ,cal5d> ,no4 #aaf  #aac?   
,,congress  #a/ ,session  ,h4 ,r4 #ahgd 
,report ,no4 #aac-afa1 ,"p ,i  ,,9 ,,!  
,,h\se ,,( ,,repres5tatives  ,may #h1   
#bjac ,mr4 ,price ( ,georgia 7= himself1
 ,mr4 ,ryan ( ,wiscons91 ,mrs4 ,black1  
,mr4 ,*affetz1 ,mr4 ,coll9s ( ,georgia1 
,mr4 ,cotton1 ,mr4 ,g>rett1 ,mr4 ,gos>1 
,mr4 ,graves ( ,georgia1 ,mr4 ,h5s>l+1  
,mr4 ,johnson ( ,ohio1 ,mr4 ,m>*ant1    
,mr4 ,mulvaney1 ,mr4 ,radel1 ,mr4 ,re$1 
,mr4 ,ribble1 ,mr4 ,ross1 ,mr4 ,scalise1
 ,mr4 ,au/9 ,scott ( ,georgia1 ,mr4     
,we/morel&1 ,mr4 ,wilson ( ,s\? ,c>ol9a1
 ,mr4 ,woodall1 ,mr4 ,jordan1 ,mr4 ,b>r1
 ,mr4 ,t]ry1 ,mr4 ,franks ( ,arizona1   
,mr4 ,bi%op ( ,utah1 ,mr4 ,pitt5g]1 ,mr4
 ,yod]1 & ,mr4 ,=t5b]ry7 introduc$ !    
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ! ,budget1 & 9 addition to
 ! ,committee on ,rules1 = a p]iod to be
 subsequ5tly det]m9$ by ! ,speak]1 9 ea*
 case = consid]ation ( su* provisions z 
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,july #ai1 #bjac ,additional   

sponsors3 ,mr4 ,nug5t1 ,mr4 ,pauls51    
,mr4 ,buc%on1 ,mr4 ,kl9e1 ,mr4 ,tib]i1  
,mr4 ,pe>ce1 ,mr4 ,k+/on1 ,mr4 ,=bes1   
,mr4 ,mc,clintock1 ,mrs4 ,h>tzl]1 ,mr4  
,hurt1 ,mr4 ,mess]1 ,mr4 ,rokita1 ,mr4  
,huiz5ga ( ,mi*igan1 ,mr4 ,h>p]1 ,mr4   
,"y ( ,indiana1 ,mr4 ,s*ock1 ,mr4       
,mead[s1 ,mr4 ,b>letta1 & ,mr4 ,k9z+] ( 
,ill9ois  ,july #ai1 #bjac ,report$ f ! 
,committee on ! ,budget ) am5dm5ts ,omit
 ! "p /ruck ?r\gh & ins]t ! "p pr9t$ 9  
italic  ,july #ai1 #bjac ,! ,committee  
on ,rules dis*>g$2 committ$ to !        
,committee ( ! ,:ole ,h\se on ! ,/ate ( 
! ,union & ord]$ to be pr9t$  ,a ,,bill 
,to am5d ! ,congressional ,budget ,act (
 #aigd to provide = macroeconomic       
analysis ( ! impact ( legislation4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,pro-,gr[? ,budget+ ,act ( #bjac4  #b4  
,macroeconomic impact analyses  7a7 ,9  
g5]al ,"p ,a ( title ,,iv ( !           
,congressional ,budget ,act ( #aigd is  
am5d$ by add+ at ! end ! foll[+ new     
section3  #djg4 ,macroeconomic impact   

analysis ( major legislation  7a7       
,congressional ,budget ,(fice ,!        
,congressional ,budget ,(fice %all1 to !
 ext5t practicable1 prep>e = ea* major  
bill or resolution report$ by any       
committee ( ! ,h\se ( ,repres5tatives or
 ! ,s5ate 7except ! ,committee on       
,appropriations ( ea* ,h\se71 z a       
supplem5t to e/imates prep>$ "u section 
#djb1 a macroeconomic impact analysis ( 
! budget>y effects ( su* bill or        
resolution = ! t5 fiscal-ye> p]iod      
beg9n+ ) ! fir/ fiscal ye> = :i* an     
e/imate 0 prep>$ "u section #djb & ea* (
 ! next ?ree t5 fiscal-ye> p]iods4 ,su* 
e/imate %all be pr$icat$ ^u !           
supplem5tal projection describ$ 9       
section #bjb7;e77#d74 ,! ,director %all 
submit to su* committee ! macroeconomic 
impact analysis1 toge!r ) ! basis = !   
analysis4 ,z a supplem5t to e/imates    
prep>$ "u section #djb1 all su*         
in=mation s submitt$ %all be includ$ 9 !
 report accompany+ su* bill or          
resolution4  7b7 ,economic impact ,!    

analysis prep>$ "u subsection 7a7 %all  
describe ! pot5tial economic impact ( ! 
applicable major bill or resolution on  
major economic v>iables1 includ+ real   
gross dome/ic product1 bus9ess inve/m5t1
 ! capital /ock1 employm5t1 int]e/      
rates1 & labor supply4 ,! analysis %all 
also describe ! pot5tial fiscal effects 
( ! bill or resolution1 includ+ any     
e/imates ( rev5ue increases or decreases
 result+ f *anges 9 gross dome/ic       
product4 ,to ! ext5t practicable1 !     
analysis %\ld use a v>iety ( economic   
models 9 ord] to reflect ! full range ( 
possible economic outcomes result+ f !  
bill or resolution4 ,! analysis 7or a   
te*nical app5dix to ! analysis7 %all    
specify ! economic & econometric models 
us$1 s\rces ( data1 relevant data       
trans=mations1 & %all include su*       
explanation z is necess>y to make !     
models compreh5sible to academic &      
public policy analy/s4  7c7 ,def9itions 
,z us$ 9 ?is section--  7#a7 ! t]m      
macroeconomic impact analysis means--   

7,a7 an e/imate ( ! *anges 9 economic   
output1 employm5t1 int]e/ rates1 capital
 /ock1 & tax rev5ues expect$ to result f
 enactm5t ( ! proposal2  7,b7 an e/imate
 ( rev5ue fe$back expect$ to result f   
enactm5t ( ! proposal2 &  7,c7 a /atem5t
 id5tify+ ! critical assumptions & !    
s\rce ( data und]ly+ t e/imate2  7#b7 ! 
t]m major bill or resolution means any  
bill or resolution if ! gross budget>y  
effects ( su* bill or resolution = any  
fiscal ye> 9 ! p]iod = :i* an e/imate is
 prep>$ "u section #djb is e/imat$ to be
 great] ?an 4#be p]c5t ( ! curr5t       
project$ gross dome/ic product ( !      
,unit$ ,/ates = any su* fiscal ye>2     
7#c7 ! t]m budget>y effect1 :5 appli$ to
 a major bill or resolution1 means !    
*anges 9 rev5ues1 outlays1 deficits1 &  
debt result+ f t measure2 &  7#d7 ! t]m 
rev5ue fe$back means *anges 9 rev5ue    
result+ f *anges 9 economic gr[? z !    
result ( ! enactm5t ( any major bill or 
resolution4  4  7b7 ,con=m+ am5dm5t ,!  
table ( cont5ts set =? 9 section #a7;b7 

( ! ,congressional ,budget ,act (       
#aigd;,congressional ,budget &          
,imp\ndm5t ,control ,act ( #aigd is     
am5d$ by ins]t+ aft] ! item relat+ to   
section #djf ! foll[+ new item3  ,sec4  
#djg4 ,macroeconomic impact analysis (  
major legislation4  4  ,july #ai1 #bjac 
,report$ f ! ,committee on ! ,budget )  
am5dm5ts ,july #ai1 #bjac ,! ,committee 
on ,rules dis*>g$2 committ$ to !        
,committee ( ! ,:ole ,h\se on ! ,/ate ( 
! ,union & ord]$ to be pr9t$