II 

117TH CONGRESS 

1ST SESSION S. 2723 

To amend the Congressional Budget and Impoundment Control Act of 1974 

by requiring a distribution analysis of a bill or resolution under certain 

circumstances, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

SEPTEMBER 13, 2021 

Ms. WARREN (for herself and Mr. BENNET) introduced the following bill; 

which was read twice and referred to the Committee on the Budget 

A BILL 

To amend the Congressional Budget and Impoundment Control Act of 1974 by requiring a distribution analysis 

of a bill or resolution under certain circumstances, 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 ‘‘Fiscal Analysis by In5 come and Race Scoring Act’’ or the ‘‘FAIR Scoring Act’’. 

6 SEC. 2. FINDINGS. 

7 Congress finds the following: 


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1 (1) Wealth inequality is steadily rising in the 

2 United States. As the disparities between the richest 

3 Americans and the poorest Americans widen, White 

4 Americans have grown disproportionately wealthier, 

5 while the median wealth of Black Americans has 

6 stagnated. 

7 (2) In 1968, and with the amounts adjusted for 

8 inflation, the median middle-class Black household 

9 had $6,674 in wealth, while the median middle-class 

10 White household had $70,786 in wealth. In 2016, 

11 the typical middle-class Black household had 

12 $13,024 in wealth compared to $149,703 for the 

13 median White household. 

14 (3) As of 2019, the typical White family has 

15 eight times the wealth of the typical Black family 

16 and five times the wealth of the typical Hispanic 

17 family. 

18 (4) As of 2019, White families have the highest 

19 level of both median wealth: $188,200. Black fami20 lies’ median and mean wealth is less than 15 percent 

21 that of White families, at $24,100. Hispanic fami22 lies’ median and mean wealth is $36,100. 

23 (5) As of 2019, families who are Asian, Amer24 ican Indian, Alaska Native, Native Hawaiian, or PaVerDate Sep 11 2014 00:51 Sep 16, 2021 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S2723.IS S2723

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1 cific Islander have lower wealth than White families, 

2 but higher wealth than Black and Hispanic families. 

3 (6) The family income gap between Black and 

4 White Americans today remains at almost exactly 

5 the level it was in the 1960s. 

6 (7) In 2016, the median annual income for 

7 Asian American adults was $51,288, compared with 

8 $47,958 for White Americans, $31,082 for African 

9 Americans, and $30,400 for Hispanic Americans. 

10 (8) As of the last quarter of 2019, the median 

11 White worker made 28 percent more than the typical 

12 Black worker and more than 35 percent more than 

13 the median Latinx worker. 

14 (9) On average, women are paid 82 cents for 

15 every dollar paid to men. For every dollar paid to 

16 White men, Black women are paid 63 cents, Native 

17 American women are paid 60 cents, and Latinas are 

18 paid 55 cents. 

19 (10) Asian American and Pacific Islander 

20 (AAPI) women make 85 cents for every dollar paid 

21 to White men, and different groups within America’s 

22 AAPI community have unique experiences with eco23 nomic discrimination. For example, between 2015 

24 and 2019, Hmong women earned 60 cents for every 

25 dollar paid to White men. 


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1 (11) Disparities in wealth between genders are 

2 even more stark. As of 2013, the average wealth for 

3 working single women was $3,210, whereas the sin4 gle working man had a median wealth of $10,150. 

5 Single Black women had a median wealth of $200, 

6 and single Hispanic women had a median wealth of 

7 $100: less than a penny for every dollar of wealth 

8 owned by single White non-Hispanic men. 

9 (12) The COVID–19 pandemic has exacerbated 

10 existing inequalities in America. Many longstanding 

11 economic conditions, such as lower levels of income 

12 and wealth and higher levels of housing and food in13 security, leave individuals of color, particularly 

14 women of color and Black women, with less cushion, 

15 making them more vulnerable during the COVID–19 

16 economic crisis. 

17 (13) Informed and well-designed policies are 

18 needed to curb the growing inequality between 

19 Americans of different races and income levels. In 

20 order to meet this need, Congress needs access to 

21 standardized, reliable information about the socio22 economic consequences of the legislation it enacts. 


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1 SEC. 3. DISTRIBUTION ANALYSIS BY INCOME AND RACE. 

2 (a) CBO ESTIMATES.—Section 402 of the Congres3 sional Budget and Impoundment Control Act of 1974 (2 

4 U.S.C. 653) is amended— 

5 (1) in paragraph (2), by striking ‘‘and’’ at the 

6 end; 

7 (2) in paragraph (3), by striking the period at 

8 the end and inserting ‘‘; and’’; 

9 (3) by adding after paragraph (3) the following: 

10 ‘‘(4) for a bill or joint resolution that has a 

11 gross budgetary effect of at least 0.1 percent of the 

12 gross domestic product of the United States in any 

13 fiscal year within the budget window— 

14 ‘‘(A) a distribution analysis by income 

15 showing the transfers that would result in dol16 lars and as a percent change in after-tax-and17 transfer income for as many years in the budg18 et as is necessary to illustrate the anticipated 

19 effects; and 

20 ‘‘(B) a distribution analysis by race show21 ing the transfers that would result in dollars 

22 and as a percent change in after-tax-and-trans23 fer income for as many years in the budget as 

24 is necessary to illustrate the anticipated ef25 fects.’’; and 


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1 (4) in the text following paragraph (4) (as 

2 added by paragraph (3) of this subsection) by strik3 ing ‘‘and description’’ and inserting ‘‘description, 

4 and analyses’’. 

5 (b) JCT ESTIMATES.—Section 201(f) of the Con6 gressional Budget and Impoundment Control Act of 1974 

7 (2 U.S.C. 601(f)) is amended to read as follows: 

8 ‘‘(f) REVENUE LEGISLATION.—For the purposes of 

9 revenue legislation which is income, estate and gift, excise, 

10 and payroll taxes (i.e., Social Security), considered or en11 acted in any session of Congress, the Congressional Budg12 et Office shall use exclusively during that session of Con13 gress revenue estimates and distribution analyses provided 

14 to it by the Joint Committee on Taxation. During that 

15 session of Congress such revenue estimates and distribu16 tion analyses shall be transmitted by the Congressional 

17 Budget Office to any committee of the House of Rep18 resentatives or the Senate requesting such estimates, and 

19 shall be used by such Committees in determining such es20 timates. The Budget Committees of the Senate and House 

21 shall determine all estimates with respect to scoring points 

22 of order and with respect to the execution of the purposes 

23 of this Act.’’. 


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1 SEC. 4. REPORT ON DISTRIBUTION ANALYSIS BY GENDER. 

2 Not later than 1 year after the date of enactment 

3 of this Act, the Director of the Congressional Budget Of4 fice shall— 

5 (1) prepare a report describing methods appro6 priate for the conduct of distribution analyses by 

7 gender for major legislation, including strengths and 

8 weaknesses of different approaches; and 

9 (2) submit such report to the chairs and rank10 ing members of the Committee on Finance of the 

11 Senate and the Committee on Ways and Means of 

12 the House of Representatives. 

Æ 


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