I 

118TH CONGRESS 

2D SESSION H. R. 8372 

To require the annual budget submission of the President to Congress and 

the annual concurrent resolution on the budget provide an estimate 

of certain additional information per each taxpayer, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

MAY 14, 2024 

Mr. ARRINGTON (for himself, Mr. ESTES, and Mr. GROTHMAN) introduced the 

following bill; which was referred to the Committee on the Budget, and 

in addition to the Committees on Ways and Means, and 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 require the annual budget submission of the President 

to Congress and the annual concurrent resolution on 

the budget provide an estimate of certain additional information per each taxpayer, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Debt Per Taxpayer 

5 Information Act’’. 


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1 SEC. 2. REQUIREMENT IN PRESIDENT’S BUDGET SUBMIS2 SION AND CONCURRENT BUDGET RESOLU3 TION. 

4 (a) PRESIDENT’S BUDGET SUBMISSION.—Section 

5 1105(a) of title 31, United States Code, is amended by 

6 adding at the end the following: 

7 ‘‘(40) for the prior fiscal year, current fiscal 

8 year, the fiscal year for which the budget is sub9 mitted, and ensuing fiscal years, an estimate of the 

10 pro rata amount for each taxpayer who will file indi11 vidual income tax returns for taxable years ending 

12 during such fiscal year of the debt held by the public 

13 and gross Federal debt.’’. 

14 (b) BUDGET RESOLUTION.—Section 301(a) of the 

15 Congressional Budget and Impoundment Control Act of 

16 1974 (2 U.S.C. 632(a)) is amended by adding at the end 

17 the following: ‘‘In addition to the requirements in para18 graphs (1) through (7), each concurrent resolution on the 

19 budget shall include, for the prior fiscal year, current fis20 cal year, the fiscal year beginning on October 1 of the cur21 rent calendar year, and ensuing fiscal years, an estimate 

22 of the pro rata amount of the gross Federal debt for each 

23 taxpayer who will file individual income tax returns for 

24 taxable years ending during any such fiscal year.’’ 


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1 SEC. 3. FEDERAL BUDGET INFORMATION INCLUDED WITH 

2 EMPLOYEE’S FORM W-2. 

3 (a) IN GENERAL.—Section 6051 of the Internal Rev4 enue Code of 1986 is amended by adding at the end the 

5 following new subsection: 

6 ‘‘(h) FEDERAL BUDGET INFORMATION.—At the bot7 tom of the employee’s copy of the form prescribed for fur8 nishing the statements required pursuant to this section, 

9 the Secretary shall include, with respect to the most re10 cently completed fiscal year, the following information: 

11 ‘‘(1) Total Federal Government revenue, out12 lays, and deficit. 

13 ‘‘(2) The total gross Federal debt. 

14 ‘‘(3) An estimate of the pro rata amount of the 

15 gross Federal debt for taxpayers who will file indi16 vidual income tax returns for taxable years ending 

17 during such fiscal year. 

18 Such information shall be presented in a manner cal19 culated to be understood by the average individual and 

20 shall be preceded by a conspicuous statement clarifying 

21 that dollar amounts are for informational purposes only 

22 and do not represent any amount owed.’’. 

23 (b) EFFECTIVE DATE.—The amendment made by 

24 this section shall apply to statements required to be furVerDate Sep 11 2014 01:59 May 15, 2024 Jkt 049200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H8372.IH H8372

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1 nished with respect to remuneration paid after December 

2 31, 2023. 

Æ 


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