,,ii  #aah? ,,congress  #b;d ,session   
,s4 #edbj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,decemb] #d1 #bjbd,ms4 
,w>r5 introduc$ ! foll[+ bill2 :i* 0    
read twice & ref]r$ to ! ,committee on !
 ,budget  ,a ,,bill  ,to am5d !         
,congressional ,budget & ,imp\ndm5t     
,control ,act ( #aigd by requir+ a      
di/ribution analysis ( a bill or        
resolution "u c]ta9 circum/ances1 & =   
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,fiscal ,analysis by   
,income & ,race ,scor+ ,act or ! ,,fair 
,act4  #b4 ,f9d+s ,congress f9ds !      
foll[+3 7#a7 ,weal? inequality is       
/eadily ris+ 9 ! ,unit$ ,/ates1 &1 z !  
disp>ities betwe5 ! ri*e/ ,am]icans & ! 
poore/ ,am]icans wid51 ,:ite ,am]icans h
 gr[n disproportionately weal?i]1 :ile !
 m$ian weal? ( ,black ,am]icans has     
/agnat$4  7#b7 ,9 #aifh1 & ) ! am\nts   
adju/$ = inflation1 ! m$ian middle-class
 ,black h\sehold _h #f1fgd 9 weal?1 :ile
 ! m$ian middle-class ,:ite h\sehold _h 
#gj1ghf 9 weal?1 & 9 #bjaf1 ! m$ian     

middle-class ,black h\sehold _h #ac1jbd 
9 weal? comp>$ to #adi1gjc = ! m$ian    
,:ite h\sehold4  7#c7 ,z ( #bjai1 !     
typical ,:ite family has #h times !     
weal? ( ! typical ,black family & #e    
times ! weal? ( ! typical ,hispanic     
family4  7#d7 ,z ( #bjai1 ,:ite families
 h ! highe/ level ( bo? m$ian & mean    
weal? at #ahh1bjj & #ihc1djj1           
respectively1 :ile ,black & ,hispanic   
families h consid]ably less weal? ?an   
,:ite families1 ) ,black families hav+ a
 m$ian & mean weal? ( less ?an #ae p]c5t
 ( ! m$ian & mean weal? ( ,:ite         
families1 at #bd1ajj & #adb1ejj1        
respectively1 & ,hispanic families hav+ 
a m$ian & mean weal? ( #cf1ajj &        
#afe1ejj1 respectively4  7#e7 ,9 #bjbc1 
! m$ian annual income = h\seholds l$ by 
,asian ,am]icans 0 #aab1bjj1 comp>$ )   
#hi1jej = non-,hispanic ,:ite-l$        
h\seholds1 #ef1dij = ,black-l$          
h\seholds1 & #fe1edj = ,hispanic-l$     
h\seholds4  7#f7 ,z ( ! second qu>t] (  
#bjbd1 ! m$ian usual weekly e>n+s =     

full-"t wage & sal>y work]s = ,:ite     
work]s 7 r\ghly #bd p]c5t m ?an = ,black
 work]s & r\ghly #bi p]c5t m ?an =      
,hispanic work]s4  7#g7 ,z ( ! second   
qu>t] ( #bjbd1 wom5 e>n$ r\ghly #ha c5ts
 = e doll> paid to m51 z measur$ by     
m$ian usual weekly e>n+s = full "t wage 
& sal>y work]s1 & = e doll> paid to     
,:ite m51 ,black wom5 e>n$ r\ghly #ga   
c5ts1 & ,hispanic wom5 e>n$ r\ghly #fe  
c5ts4  7#h7 ,diff]5t gr\ps )9 ! ,asian  
,am]ican & ,pacific ,isl&] community h  
unique exp]i5ces ) economic             
discrim9ation4 ,= example1 betwe5 #bjae 
& #bjai1 ,hmong wom5 e>n$ #fj c5ts = e  
doll> paid to ,:ite m54  7#i7           
,disp>ities 9 weal? betwe5 g5d]s are ev5
 m />k4 ,z ( #bjbb1 ! m$ian net wor? =  
female-l$ h\seholds 0 #eh1jhj1 :]eas    
male-l$ h\seholds _h a m$ian net wor? ( 
#hb1bjj1 & a /udy f #bjac %[$ t s+le    
,black wom5 & s+le ,hispanic wom5 _h a  
m$ian weal? av]ag+ less ?an a p5ny = e  
doll> ( weal? own$ by s+le ,:ite        
non-,hispanic m54  7#aj7 ,in=m$ &       

well-design$ policies are ne$$ to curb !
 gr[+ inequality betwe5 ,am]icans (     
diff]5t races & income levels1 & 9 ord] 
to meet ?is ne$1 ,congress ne$s access  
to /&>diz$1 reliable in=mation ab\t !   
socioeconomic consequ5ces ( !           
legislation x enacts4  #c4 ,di/ribution 
analysis by income & race  7a7 ,,cbo    
e/imates ,section #djb ( !              
,congressional ,budget & ,imp\ndm5t     
,control ,act ( #aigd 7#b ,u4,s4,c4     
#fec7 is am5d$-- 7#a7 9 p>agraph 7#b71  
by /rik+ & at ! end2  7#b7 9 p>agraph   
7#c71 by /rik+ ! p]iod at ! end & ins]t+
 2 &2  7#c7 by ins]t+ aft] p>agraph     
7#c71 & be=e ! flu% text1 ! foll[+3     
7#d7 = a bill or jo9t resolution t has a
 gross budget>y effect ( at lea/ #j4a   
p]c5t ( ! gross dome/ic product ( !     
,unit$ ,/ates 9 any fiscal ye> )9 !     
budget w9d[-- 7,a7 a di/ribution        
analysis by income %[+ ! transf]s t w\ld
 result 9 doll>s & z a p]c5t *ange 9    
aft]-tax-&-transf] income = z _m ye>s 9 
! budget z is necess>y to illu/rate !   

anticipat$ effects2 &  7,b7 a           
di/ribution analysis by race %[+ !      
transf]s t w\ld result 9 doll>s & z a   
p]c5t *ange 9 aft]-tax-&-transf] income 
= z _m ye>s 9 ! budget z is necess>y to 
illu/rate ! anticipat$ effects4  2 &    
7#d7 9 ! flu% text foll[+ p>agraph 7#d71
 z add$ by p>agraph 7#c7 ( ?is          
subsection1 by /rik+ & description &    
ins]t+ description1 & analyses4  7b7    
,,jct e/imates ,section #bja7;f7 ( !    
,congressional ,budget & ,imp\ndm5t     
,control ,act ( #aigd 7#b ,u4,s4,c4     
#fja7;f77 is am5d$-- 7#a7 by ins]t+ &   
di/ribution analyses aft] rev5ue        
e/imates ea* place ! t]m appe>s2 &  7#b7
 9 ! la/ s5t5ce1 by /rik+ ,! ,budget    
,committees ( ! ,s5ate & ! ,h\se &      
ins]t+ ,! ,committee on ! ,budget ( !   
,s5ate & ! ,committee on ! ,budget ( !  
,h\se ( ,repres5tatives4  #d4 ,report on
 di/ribution analysis by g5d] ,n lat]   
?an #a ye> aft] ! date ( enactm5t ( ?is 
,act1 ! ,director ( ! ,congressional    
,budget ,(fice %all-- 7#a7 prep>e a     

report describ+ me?ods appropriate =    
conduct+ di/ribution analyses by g5d] = 
major legislation1 includ+ /r5g?s &     
weaknesses ( diff]5t approa*es2 &  7#b7 
submit su* report to ! *airs & rank+    
memb]s ( ! ,committee on ,f9ance ( !    
,s5ate & ! ,committee on ,ways & ,means 
( ! ,h\se ( ,repres5tatives4